#United States #SEC #Costa Mesa #Quantstamp QSP #Fair Fund

Important Update for QSP Token Holders

Background
On January 22, 2025, Simpluris, Inc., acting as the Fund Administrator appointed by the United States Securities and Exchange Commission (SEC), issued a statement regarding possible compensation for purchasers of Quantstamp QSP tokens. This follows an administrative proceeding relating to alleged misconduct by Quantstamp, Inc.

Eligibility for Compensation
If you purchased or acquired Quantstamp QSP tokens sometime between October 1, 2017, and July 20, 2023, you may be eligible to receive a distribution from the Fair Fund established in relation to the SEC's investigations of Quantstamp. This fund aims to reimburse investors who suffered losses due to actions deemed unacceptable by the company during the stated timeframe.

The Fair Fund will distribute payments according to a Distribution Plan endorsed by the SEC. According to the plan, eligible investors can expect compensation reflective of their individual losses incurred on QSP token purchases during the specified period.

Action Steps for Claiming Compensation
To be considered for a potential payment from the Fair Fund, investors are required to submit a completed Claim Form. This form can be filled out online or downloaded to be sent through the mail.

• - Online Submission: Completed Claim Forms submitted online need to reach the system before 11:59 PM Eastern Standard Time (EST) by April 10, 2025.
• - Mail Submission: For those opting for a physical submission, printed Claim Forms need to be postmarked or received by the stated date to be eligible. For detailed instructions or to access the Claim Form directly, visit www.QuantstampFairFund.com/form/claim.

Accessing Necessary Documents
Interested parties can find further information regarding the Fair Fund, including the complete Distribution Plan, notices, and FAQs, by navigating to www.QuantstampFairFund.com.
Additionally, for queries, investors can reach out to the Fund Administrator via email at [email protected] or by calling 833-215-6101.

Conclusion
The establishment of this Fair Fund indicates a critical step towards accountability and reparations in the cryptocurrency domain. Token holders are strongly encouraged to check their eligibility and submit their claims as soon as possible. The timelines are crucial, and adherence to the instructions provided will ensure the likelihood of receiving compensation. As developments continue to unfold, staying informed and proactive is essential for all Quantstamp QSP token investors.