Important Updates on Fair Fund Payments for Quantstamp Holders
Updates on Fair Fund for Quantstamp QSP Token Holders
In recent developments, those who have purchased Quantstamp QSP tokens may find themselves eligible for a compensation payment from the established Fair Fund. This is an important announcement made by Simpluris, Inc., acting as the appointed Fund Administrator sanctioned by the SEC.
Eligibility for Compensation
If you acquired Quantstamp QSP tokens between October 1, 2017, and July 20, 2023, you could potentially receive a distribution from this Fair Fund. The funds in question have been allocated to support investors as a result of specific misconduct related to Quantstamp, Inc.
Distribution Plan Overview
This Fair Fund distribution occurs under a plan that has received approval from the Securities and Exchange Commission (SEC). The primary aim of this plan is to ensure that investors are fairly compensated based on their losses incurred while holding QSP tokens within the specified time frame.
How to Apply for Compensation
To partake in this compensation, affected individuals must submit a Claim Form. It's essential to complete and submit this form timely.
Claim Submission Procedures
For online submissions, Claim Forms must be filled out before the deadline of 11:59 p.m. Eastern Standard Time on April 10, 2025. You can conveniently provide your information through the Claim Form available online.
For those opting for traditional mail, the Claim Form must be sent to the designated address specified in the form. Ensure your mailed claims are postmarked by April 10, 2025. If you wish to apply online or download the Claim Form, it's readily accessible on the Fair Fund's official website.
Gather More Information on the Fair Fund
Additional details regarding the Fair Fund, including the distribution plan, the claim process, and further documentation, can be obtained from the Quantstamp Fair Fund's official site. Those seeking clarity or requiring further assistance can reach out directly to the Fund Administrator.
Contact Information
For any questions, you can call 833-215-6101 for assistance. If you prefer written communication, consider sending your inquiries or requests for information to the Quantstamp Fair Fund, P.O. Box 25381, Santa Ana, CA 92799. The Fund Administrator is dedicated to providing necessary support to all claimants.
Frequently Asked Questions
What is the Quantstamp Fair Fund?
The Fair Fund is a compensation pool established to reimburse investors who purchased QSP tokens and suffered losses due to misconduct by Quantstamp, Inc.
Who is eligible for compensation from the Fair Fund?
Individuals who acquired Quantstamp QSP tokens between October 1, 2017, and July 20, 2023, may qualify for compensation.
How can I apply for the Fair Fund distribution?
To apply, submit a completed Claim Form either online or by mail before the deadlines provided by the Fund.
What is the deadline for submitting claims?
The final date to submit your Claim Form is April 10, 2025, before 11:59 p.m. Eastern Standard Time for online submissions.
Where can I find more information about the Fair Fund?
Detailed information can be found on the official website, which includes essential documents, guidelines, and further assistance resources.
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