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Topic: Poloniex Fair Fund notice - page 4. (Read 1900 times)

legendary
Activity: 1582
Merit: 1057
November 27, 2023, 02:11:00 PM
#12
I'm from Germany, received my first mail in the Mar-Apr time, had to deliver proof of identity (which was a bit complicated due to name change + address change, but with all related documents, it was no problem) and send them screenshots of my trades (not all, only a few, so I can verify I did trade those assets) which I assume they match against their database to see if my records line up with theirs. I sent a follow-up mail a couple weeks ago, but only got back their standard reply, "we'll notify you in case of any updates". They didn't even mention how much money was claimed in relation to the overall fund, so fk knows how much we'll get, if anything.

But since the fees paid in the relevant time frame amount to an okay middle class car, I thought why not. It's not everyday that US govt knocks on my virtual door with a virtual envelope full of money (or half-full or maybe even empty), so I gave it a try.
In your first notification email which you got from them, you have all the info ( including "Recognized Loss" amount in USD).
This year is no way to get these funds ... maybe next year ... most probably. 
legendary
Activity: 2328
Merit: 1292
Encrypted Money, Baby!
November 19, 2023, 03:43:26 PM
#11
I'm from Germany, received my first mail in the Mar-Apr time, had to deliver proof of identity (which was a bit complicated due to name change + address change, but with all related documents, it was no problem) and send them screenshots of my trades (not all, only a few, so I can verify I did trade those assets) which I assume they match against their database to see if my records line up with theirs. I sent a follow-up mail a couple weeks ago, but only got back their standard reply, "we'll notify you in case of any updates". They didn't even mention how much money was claimed in relation to the overall fund, so fk knows how much we'll get, if anything.

But since the fees paid in the relevant time frame amount to an okay middle class car, I thought why not. It's not everyday that US govt knocks on my virtual door with a virtual envelope full of money (or half-full or maybe even empty), so I gave it a try.
legendary
Activity: 1582
Merit: 1057
November 10, 2023, 03:01:05 PM
#10
What is that and where can I find that?
You should have probably received a notice or some sort of link with instructions on how to start your claim process on your email address registered with Poloniex. If you didn't, then that's it. There's nothing you can do.
Yeahh, only eligible traders who traded certain cryptocurrencies on Poloniex between 2017 and 2019, will receive compensations ... ( in fact, the transaction fees charged by Poloniex will be returned back to the traders).
legendary
Activity: 2366
Merit: 1272
Heisenberg
November 09, 2023, 05:00:56 AM
#9
What is that and where can I find that?
You should have probably received a notice or some sort of link with instructions on how to start your claim process on your email address registered with Poloniex. If you didn't, then that's it. There's nothing you can do.
newbie
Activity: 25
Merit: 0
November 07, 2023, 03:26:51 PM
#8
Guys don't forget to submit W-9 form ( or W-8 BEN  for non-residents of US). The deadline is Nov. 10th 2023!

What is that and where can I find that?
legendary
Activity: 1582
Merit: 1057
November 03, 2023, 04:29:45 PM
#7
 Guys don't forget to submit W-9 form ( or W-8 BEN  for non-residents of US). The deadline is Nov. 10th 2023!
legendary
Activity: 2604
Merit: 2353
October 08, 2023, 01:35:14 PM
#6
I'm from Romania.

That's the final notice ( deadline Oct 1st ). KCC is legit from what I see. I'm expecting some notice from Kraken and also from Bittrex  ( only for Bittrex US users).
I wouldn't be surprised at all to get something from Binance also..( but there are two separate entities, US and Global).
I'm from European Union too (France) but I didn't get anything from them sadly. I don't know how many people are eligible to the compensation, but the amount shared and distributed seems to be rather large. I don't think you will get this kind of reward from Bittrex since they are already closed and will only share the remaining money they have between customers who had still funds onto their account when they've closed their doors.

Quote
The Commission ordered Poloniex to pay $8,484,313.99 in disgorgement, $403,995.12 in prejudgment interest, and a $1,500,000 civil money penalty to the Commission. The Commission created the Poloniex Fair Fund pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so the penalty paid, along with the disgorgement and interest paid, can be distributed to harmed investors.
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
September 21, 2023, 09:58:41 AM
#5
I'm from Romania.

That's the final notice ( deadline Oct 1st ). KCC is legit from what I see. I'm expecting some notice from Kraken and also from Bittrex  ( only for Bittrex US users).
I wouldn't be surprised at all to get something from Binance also..( but there are two separate entities, US and Global).



Salutare!

What do you mean deadline 1 Oct?

Different countries have different dates. The www.poloniexfairfund.com site is for US people. Users in other parts of the world that are still entitled to getting something got different notices from KCC.
If you did not get a notice from them or someone else you were not entitled to get something in the settlement. It's a large convoluted legal mess.

I know someone in the EU who in theory *was not* entitled to anything, but since when he setup his Polinex account he was living here he did get a notice.

-Dave
newbie
Activity: 1
Merit: 0
September 17, 2023, 06:58:45 PM
#4
I'm from Romania.

That's the final notice ( deadline Oct 1st ). KCC is legit from what I see. I'm expecting some notice from Kraken and also from Bittrex  ( only for Bittrex US users).
I wouldn't be surprised at all to get something from Binance also..( but there are two separate entities, US and Global).



Salutare!

What do you mean deadline 1 Oct?
legendary
Activity: 1582
Merit: 1057
September 03, 2023, 03:25:33 PM
#3
I'm from Romania.

That's the final notice ( deadline Oct 1st ). KCC is legit from what I see. I'm expecting some notice from Kraken and also from Bittrex  ( only for Bittrex US users).
I wouldn't be surprised at all to get something from Binance also..( but there are two separate entities, US and Global).

legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
September 03, 2023, 03:05:52 PM
#2
US based, got mine 6 months ago on March 1st.
Filled out the form got a confirmation the next day.
Have heard nothing since then, but I really do not expect much, so did not check on it till now still no updates.

Where are you based out of?

-Dave
legendary
Activity: 1582
Merit: 1057
September 02, 2023, 06:51:27 PM
#1
  Wondering how many people got notice from KCC ( Poloniex Fair Fund administrator) this morning. From what I know, US Poloniex clients got their notice few months ago ( if someone can confirm  this...)
  How do you think it'll end up?
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