We are officially opening the ability for victims to donate and to sign up as primary plaintiffs in the Xeggex U.S. recovery effort. This marks the first active step toward justice after the collapse of the exchange.
Why This Matters
To move forward, we must retain a private investigation firm that specializes in cryptocurrency forensics. This firm will be responsible for tracing stolen funds, identifying real-world assets in the United States, and providing the foundation of evidence for litigation.
The Retainer Requirement
The investigation firm requires a $50,000 retainer to begin work. This amount covers:
- Advanced blockchain transaction analysis.
- Open records requests and data collection.
- Asset tracking and documentation suitable for court presentation.
This is a substantial cost, and it cannot be funded without the support of victims themselves.
Primary Plaintiffs
Individuals who wish to contribute at least $3,500 toward the retainer may register as primary plaintiffs. These plaintiffs will:
- Be at the center of the litigation.
- Receive priority in compensation once assets are recovered and distributed.
- Have their contributions added to their loss calculations when reimbursement occurs.
Next Steps
Once the retainer is fully funded and the investigation is underway, updates will be provided here. The investigation will be the crucial first stage in building the case that leads to litigation and eventual distribution.