Block.one and EOS Is Paying a $22M Settlement to Investors — Here’s How to Get Your Share – TradingView
Court: S.D. New York
Case: 1:20-cv-02809
Block.one ERC-20 Tokens and EOS ( $EOSUSD ) agreed to pay $22M to settle claims over selling unregistered securities in the USA.
This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.
Who is eligible?
All persons or entities who, at any time during the period from June 26, 2017, through May 18, 2020, inclusive, acquired ERC-20 Tokens or EOS Tokens in a Domestic Transaction and were damaged thereby.
Do you have to sell securities to be eligible?
No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.
How long will it take to receive your payout?
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
How to claim your payout — and why it's important to act now?
The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.
In some cases, investors have received up to 200% of their losses from settlements in previous years.
More than 100 companies are currently paying out settlements. Connect your portfolio to automatically see which ones you might have missed — or file manually for this case. Don’t miss your chance to get yours back.
Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Case: 1:20-cv-02809
Block.one ERC-20 Tokens and EOS ( $EOSUSD ) agreed to pay $22M to settle claims over selling unregistered securities in the USA.
This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.
Who is eligible?
All persons or entities who, at any time during the period from June 26, 2017, through May 18, 2020, inclusive, acquired ERC-20 Tokens or EOS Tokens in a Domestic Transaction and were damaged thereby.
Do you have to sell securities to be eligible?
No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.
How long will it take to receive your payout?
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
How to claim your payout — and why it's important to act now?
The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.
In some cases, investors have received up to 200% of their losses from settlements in previous years.
More than 100 companies are currently paying out settlements. Connect your portfolio to automatically see which ones you might have missed — or file manually for this case. Don’t miss your chance to get yours back.
Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
