Tierion (TNT) has come to the attention of the SEC, below is an official statement on this case. This information is for those who bought TNT during the Token Sale, for those who bought TNT in the secondary market, and for those who received TNT from operating a public Tierion Node. More information can be found by visiting claims.tierion.com
Under the terms and conditions of the
Settlement Order with the United States Securities and Exchange Commission (the "SEC Order"), the Company is notifying all persons and entities that the Company will administer a claims process for those who participated in Tierion’s July 2017 sale of TNT tokens (the “Token Sale”) or currently hold TNT. Those who elect to participate must submit a completed claim form along with certain required supporting documentation, and supply the data necessary to process a claim, to be eligible to receive a payment.
In accordance with the settlement terms, the
TNT token smart contract has been permanently paused and the Company has also made reasonable efforts to contact all digital asset market trading platforms where TNT trades, notifying them of the SEC Order and requesting that platforms halt all trading in TNT.
Claimants must meet one or more of the following classifications in order to participate in the claims process:1. In the event you purchased TNT in the Token Sale and currently hold one or more of them, Tierion is offering to pay you the $USD value of the total TNT you purchased in the Token Sale based on the price paid by you to Tierion (i.e., “Token Sale Purchasers”) at the time of the Token Sale, with interest thereon, minus the total $USD value of your sales of TNT purchased in the Token Sale.
2. In the event you purchased TNT in the Token Sale and sold all of them at an aggregate loss, Tierion is offering to pay you the $USD value of the total TNT you purchased in the Token Sale based on the $USD price paid by you to Tierion, at the time of the Token Sale, minus the total $USD value of your sales of all the TNT purchased by you in the Token Sale, with interest thereon.
3. In the event you purchased TNT in the secondary market and currently hold one or more of those TNT, Tierion is offering to pay you the $USD value of such TNT purchased and currently held, based on the price per token paid by you not to exceed the original Token Sale price of $.072USD per token, minus the $USD value of any gains you made from sales of TNT purchased in secondary markets and the $USD value of the sale of any TNT you received as rewards for operating a public Tierion Node.
4. In the event you received TNT from operating a public Tierion Node, Tierion is offering to pay you $.01USD per such token that you currently hold, minus the $USD value of the sale of any TNT you received as rewards and the $USD value of any gains made from sales of your TNT purchased in secondary markets.
COMPLETED CLAIM FORMS AND SUPPORTING DOCUMENTATION MUST BE RECEIVED NO LATER THAN FEBRUARY 21, 2021. CLAIMS RECEIVED AFTER THAT DATE WILL NOT BE PROCESSED.