Circle Internet Financial, the primary issuer of the USD Coin cryptocurrency, is putting on a brave face following the collapse of its postponed $9 billion plan to go public via blank-check company Concord Acquisition Group. Once you have provided us with proper notification (including delivering all of the information set forth in the subsection above and responding to any requests for further information), we will investigate the potential Unauthorized Supported Digital Currency Transaction or Error. All states offer free searching and claiming when it comes to the unclaimed cash and property they hold. Also, if you think you might have uncashed U.S. savings bonds or missing payments, the Treasury Department's Treasury Hunt tool can help you find them. Texas has returned more than $3 billion in unclaimed property to its rightful owners. If we need to take more than ten (10) days to investigate your claim (or thirty (30) days for new accounts), we will provisionally credit your Circle Account with the amount of such Unauthorized Supported Digital Currency Transaction or Error. We will typically be able to complete our investigation within ten (10) days, but may require up to thirty (30) days if your Circle Account is new (meaning your Circle Account has been active for less than thirty (30) days at the time we receive your notification). Florida's chief financial officer announced this month that the state had received 61,271 new unclaimed property accounts worth more than $25 million as part of a settlement with insurance company . By using mobile Services, you agree that we may communicate with you by SMS, MMS, text message, push notification, and/or other electronic means via your mobile device (Mobile Messaging) and that certain information about your usage of the Services may be communicated to us. If an Unauthorized Supported Digital Currency Transaction (as defined below) or Error (as defined below) occurs through your Circle Account, and you follow the procedures set forth in this Section 24, Circle will reimburse you for the amount of any eligible Unauthorized Supported Digital Currency Transaction and any losses resulting from an Error, subject to the limitations set forth in this Section 24. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash. circle internet financial unclaimed property - e-tortilla.com But we also checked the website, which was just registered in August," he said. It is important that you regularly check your Circle Account balances and your transaction history regularly to ensure you notify us as soon as possible of any unauthorized or incorrect transactions. You also understand that for the purposes of review and acknowledgment, you agree to be deemed to have reviewed your transaction history and all notices on at least a monthly basis. Your email address will not be published. Indiana-DFI Money Transmitter License, 41350, Indiana Department of Financial Institutions, Iowa Division of Banking - Finance Bureau, Kansas Money Transmitter License, MT.00000077, Kansas Office of the State Bank Commissioner, Kentucky Money Transmitter License, SC292165, Kentucky Department of Financial Institutions. Additionally, even if the deal had a path forward, it seems likely that Concord would have looked to renegotiate terms in light of turbulence in the crypto market. Resources Blog Journalists. At this point, they are considered unclaimed or abandoned property. You should verify all transaction information prior to submitting instructions to us. Fees are generally disclosed on the Fee Schedule; we may change any of the fees that Circle charges at any time, with or without notice. Eligibility; Limitations; Registration Process; Identity Verification, Registration Process; Identity Verification, 11. We may also, without liability to you or any third party, refuse to let you register for a Circle Account in Circles sole discretion. in digital assets could result in significant losses and may not be suitable for some If the revised Agreement includes a material change, we will provide you with prior notice via our website and/or email before the material change becomes effective. The Maryland Commissioner of Financial Regulation will accept all questions or complaints from Maryland residents regarding Circle Internet Financial, LLC (NMLS#1201441) at 1100 North Eutaw Street, Suite 611, Baltimore, MD 21201, Toll-Free Number 1-888-784-0136. Follow these steps to help prevent your assets from ending up as lost or unclaimed property: Notify your financial institutions of any changes to your contact information, including email and snail mail addresses. If we have already provisionally credited your Circle Account and determine that your claim of an Unauthorized Supported Digital Currency Transaction or Error is valid and eligible, you will be allowed to keep such provisional credit.