Singularity Future Technology ($SGLY): FAQ for Getting Payment on the $3M Settlement over Crypto Business Claims

Hey guys, I posted about this settlement before, but since they’re accepting late claims, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

What happened?

Singularity Future Technology was accused of misleading investors about its shift from a logistics company into a crypto hardware business, including claims about mining equipment, partnerships, and business operations. After reports questioned these claims, $SGLY dropped more than 90%, and investors filed a lawsuit.

Now the company has agreed to settle $3 million with investors for their losses.

Who can claim this settlement?

If you bought $SGLY shares between 2021 and 2023, you may be eligible to participate, even if you sold your shares

How long does the payout process take?

It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps