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Applications for binance investors for compensation of futures and blvt token losses now open within one (1) year period.


                             ~ safu union

conditions of eligibility

IMPORTANT: PLEASE READ

STATEMENT OF INVESTOR ELIGIBILITY.

Welcome to the SAFU Union. The following represents the legal area of eligibility for legal action against Binance. 

(1) Eligibility

All investors interacting with Binance or any affiliated Binance entity (Binance-US) are eligibility for our legal action provided if they traded any of the following financial derivative product areas between October 1st, 2020 to August 1, 2021.

(2) Product Areas Covered

a- Binance Leveraged Tokens (DOWN Token) 

The trading of any Binance Leveraged Tokens of the DOWN token category which resulted in losses perceived to be unfair by the investor justified by his/her specific financial, market, or personal condition. 

b- Binance Leveraged Tokens (UP Token) 

The trading of any Binance Leveraged Tokens of the UP token category which resulted in losses perceived to be unfair by the investor justified by his/her specific financial, market, or personal condition. 

c- Binance Futures Market Platform(s) 

The trading of any financial derivative products on any Binance Futures platforms which resulted in an occasion of, or multiple occasions thereafter, of liquidation as perceived to be unfair by the investor justified by his/her specific financial, market, or personal condition. 

(2) Applicant Conditions 

Claimants (Investors) must meet any one (1) category of legal condition. 

Category 1: Free Claimant

a-An investor whom incurred losses who either:

 

(i)-has never filed an investment compensation from Binance,

 

(ii) or has rejected the final offer or all offers of compensation provided by Binance

(iii) or has NOT signed any form of non-disclosure agreement regarding the investment loss in dispute. 

Category 2: Conditional Claimant 

b- An investor whom incurred losses who has, under any condition, proceeded to sign a non-disclosure agreement regarding the compensation offer in dispute OR has proceeded to accept an offer of compensation of the investment loss in dispute. 

Category 3: Alternative Claimant 

c- Any other interested investor/claimant whom do not fall explicitly within the first (1) and second (2) claimant categories. 

Exceptions and Exemptive Conditions: 

a-Investors whom have, under condition, signed a non-disclosure agreement for the investment loss in dispute of a specified occasion are NOT exempted from applying (are allowed to apply) for our legal action for alternative occasions of investment loss in dispute as a free claimant. Therefore, these investors (claimants) may be eligibile for more than one (1) category of eligibility. 

b-Investors whom required the explicit usage of a Virtual Proxy Network (VPN) to access and trade any Binance product or service and incurred resulting damages within the trading occasion (date accessed) may be eligible under the Alternative Claimant category (Category 3).

status of dispute.

CURRENT STATUS OF LEGAL PROCEDURES OF DISPUTE.

Condition of Legal Findings

a-All interested claimants (investors) are currently requested to review their case filing submitted via our Google Forms Submission and in addition maintain email correspondence with our consumer group/union via -

 

i- subscription to this mailing address of our website or

 

ii- by submission of your investment loss claim by Google Forms submission below. Please maintain a copy of your submitted responses. 

Join the Legal Action.

Join the fight and register your claim by filling the form at https://forms.gle/CzKGm6coVaQuydZC8

Subscribe to our mailing list

SAFU Union Twitter Platform - Global. 

 safuunion@gmail.com

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