I have good news for you, the commission approved the payment, the total payment is $4,584,409.75, since the total amount does not exceed the budget, everyone will receive 100% + 5% = 105% total payment,
Good luck to everyone,
Payment order approval link,
https://www.sec.gov/files/litigation/admin/2024/34-101755.pdfI think the payment will be made within 10 days.
Nice! Thanks kind stranger who likely only registered to deliver this great piece of news.
Gotta admit, I'm not used to so much good news in such a short period of time... After well over a decade of field training in "if it sounds too good to be true...", it almost feels wrong that something just works out in crypto, and it doesn't just work out, no, it works out very well, exceptionally well even, considering Xmas 🎄🎁 is right around the corner and all that.
Anyway. Praise the Fund Admin. Praise! \o/
Edit: re:105% - where did you get the info that the fund's size exceeds the total $ amount of claims? I think I've read the PDF (lol), but couldn't find any details in it regarding that. Just wanna make sure I didn't overlook anything because lawyer speak isn't my native language and English is neither, so these kinda of documents are sometimes a pain to read.
But it really seems to only mention that the transfer of the 4.58kk was authorized...
Assuming this transfer of $4,584,409.75 out of the allocated ~$10m is to cover ALL claimants... then the total amount does not exceed the budget.