The private investigation firm we retained has provided a significant breakthrough in our recovery effort. Their ongoing work has uncovered more than $60 million USD in funds that were siphoned from Xeggex.
What Was Found
- These funds have been traced into real-world assets located in the United States.
- The paper trail connects stolen cryptocurrency to purchases that fall under U.S. jurisdiction, making them eligible for recovery through litigation.
- This discovery validates the decision to pursue a professional, crypto-specialized investigation — and it gives us solid footing to move forward.
Putting the Numbers in Perspective
While $60 million is a substantial amount, it’s important to understand how it compares to the claims filed:
- Our primary plaintiff group currently represents $94.29 million in documented claims.
- This means that even if all $60 million is successfully recovered and liquidated, it will not fully satisfy the total claims already on record.
- Recovery will continue to be an ongoing process, with additional assets expected to be uncovered as the investigation progresses.
What Comes Next
- Investigators are still following leads and expect to identify additional assets in the coming weeks.
- Our legal team is preparing to transition into litigation, where we will seek to freeze, seize, and liquidate these assets.
- Primary plaintiff enrollment remains open — those who join now can still secure their position in the recovery priority structure.
This is a milestone, but it is also just the beginning. Every asset uncovered brings us closer to meaningful restitution for U.S. victims of the Xeggex exit scam.