BitClave (CAT) $29.3M SEC Fair Fund

The process of distributing settlement funds to claimants has started.

$29,344,197

Cash Settlement

SEC

Court

3-19816

Case number

07/25/2017

Class period Start

05/27/2020

Class period End

08/08/2023

Claim deadline

BitClave (CAT) was ordered by the SEC to pay $29.3 million to investors through Fair Fund to end claims over the selling unregistered securities to the investing public.

Case Type

SEC Fair Fund

Case Status

Disbursement

Alleged Offence

Misleading Statements,

Financial Misrepresentation,

Failure to Disclose,

Omissions

Suspected Party

Directors,

Management

Security Type

Crypto Asset

Trade Direction

Long

Filing date

05/28/2020

Administrator

KCC

Settlement agreement date

2023-02-09

Trades matching type

FIFO

Trusted by industry leaders

Endorsed by top professionals who trust our innovative solutions to drive impactful results.