The excellent news is the FTC will return virtually half 1,000,000 {dollars} to victims of the Bitcoin Funding Staff gifting scheme.
The dangerous information is that this equates to round $59 per sufferer.
The FTC sued Bitcoin Funding Staff founders and promoters again in 2018.
Quite than defend the case, defendants Scott Chandler, Louis Gatto, Thomas Dluca and Eric Pinkston settled with the FTC in August 2019.
Though their respective settlements bumped into the tens of millions, in the end far much less was awarded in financial judgments.
As per a November 4th press-release, the FTC advises;
the FTC will ship 7,964 refunds by way of PayPal starting on November 5, 2020.
Recipients who obtain a refund through PayPal can have 30 days to simply accept the fee.
Anybody wanting additional particulars is instructed to contact the FTC’s refund administrator straight.