The U.S. Securities and Exchange Commission (SEC) has distributed $4.6 million to affected BitClave ICO investors. These funds became part of an agreement reached in 2020, following allegations of an unregistered placement of Consumer Activity Token (CAT) tokens in 2017.

As part of the settlement, BitClave agreed to refund $25.5 million, including $4 million in fines, as well as destroy 1 billion undistributed CAT tokens. Investors received compensation through the so-called Fair Fund, created by the SEC for a fair redistribution of funds. This case underscores the SEC's determination to protect investors and strengthen control over cryptocurrency projects.