The investigation has continued to produce major results. The private investigation firm has now identified more than $224 million USD in assets purchased with stolen Xeggex funds. Importantly, these assets remain under U.S. jurisdiction, making them subject to seizure and liquidation through our litigation effort.
Claims vs. Assets
As of now, the numbers stand as follows:
- Primary plaintiff claims total $187.46 million.
- Identified assets total $224 million.
- This means that, at least on paper, identified U.S. assets exceed the current volume of documented primary plaintiff claims.
This is a critical milestone that strengthens the case for full-scale litigation.
Legal Counsel Retainer Progress
To move forward into litigation, we must secure legal counsel with a $250,000 retainer.
- To date, we have raised $172,000 toward this goal.
- We are steadily closing the gap, but more contributions are required before legal action can officially begin.
What’s Next
- Investigators will continue to trace and document assets, ensuring the strongest possible evidence trail.
- Once the retainer is fully funded, our legal team will begin the process of filing motions to freeze assets and preparing for seizure proceedings.
- Primary plaintiff enrollment remains open. Those who join now will still be prioritized within the recovery framework.
Each step forward brings us closer to turning stolen funds into recoverable assets that can be distributed back to victims in the United States.