What Is the Status of the User Portal?
EminiFX Users were required to submit their transactions, verifying those transactions in the Portal that are correct, disputing any transactions, adding members to a transaction or adding any missing transactions by February 26, 2024.
The Receiver and his team are working through open issues for submitted transactions. The Receiver will use the User Portal to follow up with Users who have any issues with their transactions, especially disputed transactions. Please continue to monitor your User Portal page and your email for further instructions.
What happens if there are still open issues on my account after February 26, 2024?
The Receiver and his team are reviewing the disputed transactions and may reach out to Users with additional questions or clarifications. You may receive, on your User Portal page, a communication from the Receiver’s team concerning your submission. In general, an email will also be sent to you when a communication is sent from the Receiver’s team.
The Receiver and his team are working to reduce the number of disputes that have to be adjudicated by the Court. For any remaining disputed transactions, the Receiver will make a submission to the Court and affected Users will be given notice and will have an opportunity to respond.
What if I missed the deadline? Did I lose my claim?
If you missed the deadline, your transactions have been presumptively verified. You cannot add or dispute transactions. However, you will NOT lose any claim you may have—that claim will be based on the data available to the Receiver, including the amount of withdrawals and deposits made by the User.
What do I do if I continue to disagree with the Receiver’s resolution of a disputed, added, or unrecognized transaction?
The Receiver and his team will attempt to resolve certain disputed transactions consensually with the Users, where feasible. If you do not agree with the Receiver’s determination with respect to any disputed transactions, the Receiver will file an objection with the Court pursuant to the Court-approved User Transaction Procedures.
You will be provided with notice of such objection and instructions for how to submit a response to the Court if you so choose. In general, the Receiver will take steps to ensure that Users are not identified by name, user ID, or any other personally identifying information in the objection log or the responses thereto.
What if the amount listed in the Transaction Log is slightly different than that is reflected in my records?
It is possible that the amount of each transaction, as reflected in the Transaction Log, may differ slightly from the amount that may be reflected in your records. This is because you may have had to pay fees and other transactions costs (e.g., transaction fees for CoinPayments). The amounts listed in each transaction reflect the amount contributed to the EminiFX System, net of fees and transaction costs. The same may be true of fees you may have had to pay upon making a withdrawal from the EminiFX System.
I don’t see any ROI, Bonuses, or Internal EminiFX Transfers. Where are those?
Transaction records do not reflect accrued return on investment and bonuses that may have been displayed on the EminiFX platform. Any purported return on investment or bonuses are not included to the Transaction Log. The Receiver is only looking to validate transactions of funds into the EminiFX system, or out of the EminiFX system, in this process.
Why are there no transactions listed on the Transaction Log?
The Receiver has undertaken a review of documents available to him and has sought to attribute all deposits of money into the EminiFX System (Contributions) and all withdrawals from the EminiFX System (Withdrawals) to a particular EminiFX User Account. If there are no transactions listed on you Transaction Log, it means that the Receiver did not find any Contributions or Withdrawals related to your EminiFX User Account, nor did the User add any during the User Portal process.
What if I did not make any Contributions or Withdrawals?
If you have not made any Contributions or Withdrawals into or out of the EminiFX System, you do not need to do anything and no action is required by you.
Where is the full list of court-approved procedures available?
The procedures for the verification of User Contributions and Withdrawals contain a complete description of the process for reviewing such transactions, which can be found at the Procedures Order (docket no. 228). The most recent version of the Procedures can be found on the Receivership website at https://www.eminifxreceivership.com/cases/eminifx/revised%20procedures%20as%20of%20dec.%2014%202023%20-%20final.pdf.