Titanium BAR (TBAR)

The Titanium BAR (TBAR) coin is a cryptocurrency that has undergone a legal process overseen by the United States District Court for the Central District of California. The court case, Securities and Exchange Commission v. Titanium Blockchain Infrastructure Services, Inc. et al., has resulted in a distribution process for eligible claimants. The claims portal is inactive, and individuals are advised to check back in a few days for updates. Failure to timely submit a claim may result in it being barred from distribution.

The Receiver’s distribution agent has completed distributing USD checks to eligible claimants via first-class United States Postal Service. If individuals do not receive their checks by a certain date, they are advised to contact the distribution agent via email. The court-ordered deadline to submit claims has passed, and the Receiver no longer accepts additional claim submissions. More detailed information about the distribution process and court filings can be found at the provided website.

The Receiver has made several status updates regarding the distribution process. The Distribution Date was set for February 1, 2023, during which the Receiver calculated the total value of the Available Cryptocurrency Assets to determine each Investor Claimant’s pro rata share. Ether distributions were executed to all Allowed Claimants who selected an ETH preference, while USD payments were processed and mailed out. The Receiver has filed a Distribution Motion, and individuals are encouraged to refer to the Distribution Plan for more specific details on the upcoming distribution procedures and calculations.