Unfortunately, as I understand low balance accounts are not entitled to claim their remaining assets, as I understand. What is/will be the threshold for that? Does anyone knows it?
Low Account Balances: Account holders who have an account balance equivalent to or less than the actual or anticipated cost of the trust administration as at the date of any proposed distribution are deemed to have no right to participate in the distribution of cryptocurrencies by the liquidators.
Completing a KYC process will be mandatory but what will happen if you haven't put your real name in your account?
Distribution Process: The Liquidators are permitted to make distributions of cryptocurrency held on trust to account holders, subject to certain conditions including:
the submission of claims before ‘cut-off date’ in line with section 3 of the update found here includes orders that allow for top-up distributions from unclaimed holdings up to 100% of account holdings after some time
completion of identity verification
I see there is a soft "cut-off date" at the end of June and a "final" one at the end of the year(2024). What does it mean?
They are talking about BTC and DOGE trusts, what is it precisely?
Account holders will have the right to make a kind of appeal if they are not satisfied but who will hold it?
Review Process: If the liquidators reject a claim in whole or in part, these orders set out a process where if an account holder is dissatisfied with the Liquidators’ decision with respect to their claim, the account holder may request a review to determine if the decision should stand.
