How did you calculate the U.S. Dollar amount of my initial recovery check?

  • Updated

The Wind-Down Debtor has liquidated the remaining crypto left on the platform, consistent with the confirmed chapter 11 plan and the court approved liquidation procedures. U.S. Dollar distributions were calculated by multiplying the quantity of a token held by the net liquidation price the estate received for the asset. 

Example:

A B C
Amount not withdrawn during in-kind distribution Net liquidation price estate received for asset

Distribution value


A x B = C

214.50 ADA $0.3070 $65.85

 

* Unsupported assets were previously converted and recovery provided in USDC.  If your account reflected USDC and you did not transfer, USDC will be reflected on your asset list for the cash distribution.