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Check your bank account! My payout from the Plaid class action lawsuit just came in

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by COINS NEWS 79 Views

I know a fair amount of you joined this lawsuit, as my post from seven months ago got quite a bit of traction here: https://www.reddit.com/r/CryptoCurrency/comments/u80jkw/class_action_lawsuit_against_plaid_if_you_used/

For those of you who don't know, the Plaid service is a third-party app used to connect your bank to other apps. It was discovered that prior to November, 2021, Plaid stored and sold everyone's bank info. If you used Coinbase, Gemini, Venmo, Robinhood, Binance, Kraken, or basically any other exchange before Nov 2021, you were affected by this, as they all used Plaid to connect to your bank.

The deadline to join the settlement was April 28th, so if this is your first time hearing about it, sorry, but you're too late. More details of the lawsuit are in my post linked above.

Anyway, my payout came out to be $35.97, posted to my bank yesterday: https://i.imgur.com/N2H6LdO.jpg

Not bad, I think! Was wondering where a random $36 came from. This was my first class action lawsuit participation, and I was pleasantly surprised. A lot of the comments in my initial post were pessimistically claiming you'd only get pennies. I'm curious how much other people here got? I believe the payout is dependent on how many Plaid connections you had; I had five or so apps that used Plaid. One guy in my post claimed to have over 20, I wonder how much he got in the settlement?

submitted by /u/Skip143091
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