Quote from: ltcrstrbrt on November 06, 2024, 12:37:40 AM

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my guess was more in the ballpark of 1-5% of our actual claims. So even 40% would be a very welcome pay.

1-5% ? come on!!! There was an investigation, they( SEC) made some math! and after that they concluded what amount must be paid by Poloniex....

I don't know much about these kinds of things, so my naive idea was that Polo screwed something up and was told to pay an arbitrary amount of money which was then decided to use as payment for the issue at hand. And after lawyers took their cut of, and I may be exaggerating a bit here, 50-90%, we receive whatever's left if transaction cost isn't higher than the returns. But yeah, probably makes sense that there is a connection between the fine and our pay.

Quote from: P4ndoraBox on November 21, 2024, 08:52:35 PM

So, anyone has some news ?

Yes and no. I wrote them and they told me there was no update (so the news is, there is no news lol), but they are planning to send payments around the end of this year and we will get notified if there is any update.