Additional Settlement Distribution for Victims of Cryptsy

If you were a Cryptsy account holder and unable to access your cryptocurrency at Cryptsy, you may be entitled to receive compensation from additional monies from the ongoing litigation to recover monies for victims of the now defunct cryptocurrency exchange that was known as Cryptsy. Recently, a lawsuit known as a “claw-back action” was brought and resulted in the recovery for the class of Cryptsy victims an additional sum total of $874,391.24. That action is styled James D. Sallah, Esq., not individually, but solely in his capacity as the Court-appointed Receiver for Project Investors, Inc., d/b/a Cryptsy. v. Xiuxia Liu, U.S. Dist. Ct. - S.D. Fla. -- Case No. 9:20-cv-81041-MARRA (the “Liu Action”). You can read about how the additional monies were obtained below the charts on this page, and in the Notice on the Important Documents page of this website.

If you already made an approved claim in the class action against Cryptsy or in the related class action against Coinbase, you do not have to take any action to submit a new claim. Your approved claim from the Cryptsy and/or Coinbase case will be reviewed, and you will receive an additional settlement payment.

If you did not make a claim in the first recovery against Cryptsy or in the Coinbase case, or if your claim(s) were denied, you can make a claim or supplement your previous claim(s). If you submit a valid claim, you may receive money from this additional recovery. Click Here to Submit a Claim Form online or click Here to download a Claim Form.

Important Dates

January 12, 2022 — Deadline to submit a Claim Form (must be submitted online by or postmarked by this date)

SUMMARY OF YOUR LEGAL RIGHTS AND OPTIONS WITH RESPECT TO THE RECOVERY IN THE LIU ACTION

DO NOTHING

(FOR CLASS MEMBERS WHO RECEIVED SETTLEMENT PAYMENTS IN THE CRYPTSY AND/OR COINBASE SETTLEMENTS)

Get a payment. Class Members who submitted valid claims in the Cryptsy and/or Coinbase Settlements will not be required to submit another claim to receive a settlement payment in the Liu Action. Your prior claim will be reviewed, processed and paid here.

DO NOTHING

(FOR CLASS MEMBERS WHO MADE A CLAIM IN CRYPTSY AND/OR COINBASE SETTLEMENTS THAT WAS DENIED, OR WHO NEVER PREVIOUSLY MADE A CLAIM)

Get no payment. If your claim in the Cryptsy and/or Coinbase Settlement was not approved, and you did not receive a payment, and you choose to not submit another claim here, you will not receive a settlement payment in the Liu Action.

If you did not submit a claim in the Cryptsy and Coinbase Settlements, and you choose to not submit another claim here, you will not receive a settlement payment in the Liu Action.

SUBMIT A CLAIM FORM

If you did not previously submit an approved claim in the Cryptsy and/or Coinbase Settlements, the only way to receive money from this recovery is to submit a claim by January 12, 2022.

Click here to submit your Claim online or click here to download a Claim Form.

Background

To obtain more information about the claims and defenses in this lawsuit, you can view the complaint, the answer, and other court documents in this case on the Important Documents page of this website.