Cryptsy Cryptocurrency Settlement-UPDATE ON CRYPTSY CLASS ACTION SETTLEMENT

The deadline to make a claim in the Cryptsy Class Action Settlement has passed. The Court has given final approval to the settlement, including the notice and claims administration process. We are still in the process of reviewing the many claims made in the case. If you made a claim, you will receive a notice about the status of your claim. If you made the claim and did not receive the notice, please email [email protected].

If you missed the deadline to make a claim, we may still be able to help you. Wites & Kapetan and Silver Miller are pursuing a class action lawsuit against Coinbase to recover money for Cryptsy account holders. This lawsuit is pending in federal court in The United States District Court for the Southern District of Florida. In response to the lawsuit, Coinbase filed a motion to compel arbitration, which is designed to prevent Cryptsy account holders from suing Coinbase in court, and to prevent them from joining together in a class action. The federal court denied Coinbase’s motion to force the case to arbitration, and ruled that because Cryptsy account holders are not parties to any contract with Coinbase that they can pursue their claims in court.

You need not take any action at this time to be part of the Coinbase class action. If the Court certifies the case as a class action, Wites & Kapetan and Silver Miller will post information on the Internet and make other efforts – which are subject to court approval – to advise Cryptsy account holders about the case. You can email your information (including your name, email address, physical address and phone number) to [email protected], and we will send you updates about the Coinbase case.

More Info: http://www.cryptsysettlement.com/