Singularity Future Technology Settlement Approved — Here’s How to Get Your Share

Court: E.D. New York

Case: 22-CV-07499

The court has approved the settlement between Singularity Future Technology and SGLY investors and all its terms.

What is this settlement?

In 2021, Singularity rebranded itself as a crypto-focused firm, claiming to manufacture proprietary mining equipment and secure major infrastructure deals. However, investigations later revealed that the company engaged in sham joint ventures, misleading promotions, and concealed its executives’ histories. After a series of revelations, SGLY fell over 90%, and investors filed suit in December 2022.

Following this, Singularity was sued by shareholders and has agreed to settle.

What can you do to recover your losses now?

You can now submit your claim and be notified of any further updates.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.