GTV Media Group Fair Fund
Last verified August 23, 2026Source: jndHow ClaimWatch verifies cases
Closed to new claims since November 30, 2023. Browse open settlements →
Where this case stands
Claims closed November 30, 2023
Payments follow final court approval and the end of any appeals, typically twelve to twenty-four months after the claim deadline.
Pending in the U.S. Securities and Exchange Commission (No. 3-20537).
- November 30, 2023Claim deadline
Claims had to be submitted by this date.
What happened
From April to June 2020, GTV Media Group, Saraca Media Group, and Voice of Guo Media solicited thousands of investors to purchase unregistered GTV Stock and digital assets (G-Coins or G-Dollars), raising approximately $487 million. The SEC found the companies made misleading claims about the digital assets' potential returns and failed to actually develop the platform or digital assets they promoted. The defendants paid $539.4 million in disgorgement, interest, and penalties, with $455.4 million paid to date.
Do you qualify?
Anyone who purchased or acquired GTV common stock or digital assets (G-Coins or G-Dollars) during the relevant periods (April 20 to July 1, 2020 for GTV Stock; April 1 to July 1, 2020 for digital assets), suffered a recognized loss under the Plan of Allocation, and is not an excluded party.
Who is in the class
Persons who purchased or otherwise acquired GTV common stock ("GTV Stock") and/or the digital asset security referred to as G-Coins or G-Dollars (the "Digital Asset") (collectively, the "Securities") that were offered to investors during the Relevant Period(s), suffered a Recognized Loss pursuant to the Plan of Allocation, and who are not an Excluded Party
Quoted from the settlement notice.
How to file
To file a claim, visit the GTV Media Group Fair Fund website at https://www.gtvmediagroupfairfund.com/ and follow the claim filing instructions. All outstanding claim deficiencies had to be resolved by November 30, 2023. Contact the Fund Administrator at 1-866-853-5013 or info@GTVMediaGroupFairFund.com for more information.
Common questions
- How much does the GTV Media Group Fair Fund pay?
- The settlement fund is $455.4M.Why settlement checks are smaller than the headline number →
- What is the claim deadline for the GTV Media Group Fair Fund?
- Closed to new claims — the deadline was November 30, 2023.
- Do I need proof of purchase for the GTV Media Group Fair Fund?
- Yes. This settlement asks for documentation with the claim; gtvmediagroupfairfund.com lists what is accepted.
- What is the status of the GTV Media Group Fair Fund?
- Claims closed November 30, 2023. Payments follow final court approval and the end of any appeals, typically twelve to twenty-four months after the claim deadline.
- Is the GTV Media Group Fair Fund notice real, or a scam?
- JND Legal Administration is the court-appointed administrator. Claims are filed only at gtvmediagroupfairfund.com. Filing is always free, and no administrator asks for payment or a full Social Security number by email or text.How to tell a real settlement notice from a scam →
In the news
- US arrests Chinese tycoon who backed Trump advisor BannonFRANCE 24 English · March 16, 2023
- The US charges exiled Chinese businessman Guo Wengui, tied to GTV Media, with defrauding his online followers out of $1B+ and arrests him; DOJ seizes $634M (Jonathan Stempel/Reuters)Mediagazer.com · March 15, 2023
- If you purchased GTV common stock and/or the digital asset security referred to as G-Coins or G-Dollars between April 2020 and June 2020, you may be eligible for a distribution payment from the GTV Media Group Fair FundYahoo Entertainment · April 15, 2022
- Kyle Bass’ disastrous Hong Kong dollar short has fizzled out. Here’s howPost Magazine · October 14, 2021
Headlines via NewsAPI.
Guides:Why is my settlement check so small?How long a settlement takes to pay outIs this settlement notice real, or a scam?
Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.