Claims Process
Claims Bar Date Information
On December 30, 2024, the Receiver filed a Motion Establish and Approve: (1) Procedure to Administer and Determine Claims; (2) Claims Bar Date and Notice Procedure; and (3) Proof of Claim Form (the “Motion”). A copy of the Motion can be found here. The Court entered an Order granting the Motion on January 7, 2025. A copy of the Order can be found here.
By granting the Receiver’s Motion, the Court has approved a procedure for each person or entity who believes he, she, or it may have a claim against any Receivership Entity to submit a claim to the Receivership assets. If you believe you may have a claim arising out of or in any way related to the acts, conduct, or activities of the Receivership Entities, you MUST submit a Proof of Claim and supporting documentation to the Receiver’s established email address (bkcoin@akerman.com) as set forth in the Order. The Proof of Claim Form must be received by the Receiver on or before April 7, 2025, at 11:59 p.m. (prevailing Eastern Time).
FOR INVESTORS, THIS IS THE PROCEDURE BY WHICH YOU MAY SEEK TO RECOVER FOR YOUR LOSSES FROM THE RECEIVERSHIP.
By February 16, 2025, the Receiver will mail and/or email to each known Claimant, other known potential creditors, and certain other individuals a notice advising of this procedure and a Proof of Claim Form. Click here for a copy of this notice. If you did not receive a letter from the Receiver and you believe that you should have received one, please contact the Receiver by emailing: BKCoin@akerman.com, or by calling (800) 223-2234 (Monday – Friday, 9 a.m. – 5 p.m. ET). Alternatively, you may obtain information regarding the claims process, including a Proof of Claim Form, from this website.
THE CLAIMS BAR DATE IS April 7, 2025, at 11:59 p.m. (prevailing Eastern Time).
Please note that any Proof of Claim Form submitted after the Claims Bar Date or submitted improperly will be subject to disallowance, which means you: (1) will be forever barred, estopped, and enjoined to the fullest extent allowed by applicable law from asserting, in any manner, any Claim against (a) any Receivership Entity or (b) the Receivership Estate or its assets; and (2) shall not receive any distribution from or have standing to object to any distribution plan proposed by the Receiver. Further, the Receiver shall have no further obligation to provide any notices on account of such Claim and the Receivership Estate is discharged from any and all indebtedness or liability with respect to such Claim.