SEC approves $4.6 million payout to investors affected by BitClave ICO! 🚀 The U.S. Securities and Exchange Commission has begun distributing funds from the Fair Fund following a settlement with BitClave, which violated securities laws.
Investors who submitted claims by August 2023 will soon receive compensation. Interestingly, of the promised $29 million, the company has only paid out $12 million. The remaining $7.4 million is still a mystery. 🤔