In re Bit Digital, Inc. Securities Litigation — Entry #85: MOTION for Disbursement of Funds

Case: In re Bit Digital, Inc. Securities Litigation nysd · 1:21-cv-00515

filed January 20, 2021

What this document is

Docket entry #85 · filed April 24, 2024

MOTION for Disbursement of Funds . Document filed by Joseph Franklin Monkam Nitcheu. (Attachments: # 1 Proposed Order for Distrubution, # 2 Affidavit in Support of Motion).(Block, Jeffrey) (Entered: 04/24/2024)

Who is involved

Andre Johnson
Anthony Pauwels
Bit Digital, Inc.
Erke Huang
Joseph Franklin Monkam Nitcheu
Min Hu
Zhongxun Yang

Why we have it

We follow this case because it names a company we track, although that company is not a party:

Hut 8: its former name “Hut 8 Mining Corp.” appears in a filing in this case.
…International, Inc; Hive Blockchain Technologies Inc; Hut 8 Mining Corp; HashChain Technology, Inc; MGT Capital Investments…

A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved October 31, 2026. Federal court filings are public records.

URL: https://archive.org/download/gov.uscourts.nysd.552581/gov.uscourts.nysd.552581.85.1.pdf
Kind: court_filing
Publisher: RECAP
Published: 2024-04-24 00:00:00-04:00
Retrieved: 2026-10-31 06:50:50.260490-04:00
HTTP status: 200
MIME: application/pdf
Bytes: 76539
SHA-256: fa24e0091aaea180679ef991657de8a217c59fbd95c87b0d27a78a321a10f7d5

Document text

1 page(s), 1,317 characters, converted from the PDF's text layer · plain text.

Full text

UNITED STATES DISTRICT COURT
                          SOUTHERN DISTRICT OF NEW YORK


  IN RE: BIT DIGITAL, INC.                          Lead Case No. 1:21-cv-00515-ALC
  SECURITIES LITIGATION


      [PROPOSED] ORDER FOR DISTRIBUTION OF NET SETTLEMENT FUND

       IT IS HEREBY ORDERED, this ___ day of ___________, 2024, upon the motion of

Lead Plaintiff Joseph Franklin Monkam Nitcheu (“Lead Plaintiff”), for an entry of an Order for

Distribution of the Net Settlement Fund, that:

       1.      The administrative determinations of the Claims Administrator, Kroll Settlement

Administration LLC (“Kroll”), described in the Distribution Declaration of Robert Cormio

Regarding (A) Mailing of the Postcard Notice; (B) Administration of Received Claims; and (C)

Proposed Distribution of Settlement Fund (the “Kroll Declaration”), are hereby approved; and

       2.      Kroll is directed to proceed with payment of the Net Settlement Fund to the

Authorized Claimants as described in the Kroll Declaration.

Dated: ______________________, 2024


                                                   ____________________________________
                                                         Honorable Andrew L. Carter, Jr.
                                                         United States District Judge