Instawallet Update:
We're sending out another batch of payments to all customer approved payouts tomorrow morning, Paris time. If you've approved your wallet or have verified your ID with us you'll be receiving a payout tomorrow.
Please double check your Instawallets by opening your wallet URL to make sure you've approved your payout.
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Information on the claims process:
More than 90 days ago, we started a process to collects claims on wallets. After 90 days we closed the claims process and compiled all the data. After evaluating all wallets and the corresponding claims, we made an assessment as to whom to pay immediately and whom to follow up with.
Obviously, it would not have been prudent to directly pay any of the addresses or amounts reported without a second round of confirmation. Therefore, we opened another process to confirm the assessed payout.
We flagged wallets with multiple claims, large balances or suspicious activity for further verification and identification. This process, in some cases, have been drawn out. We apologize for the inconvenience.
We will send out another batch next week.
Thank you
Richard Caetano
Instawallet Team