In addition, please note the following disclosures associated with transactions with virtual currency: West Virginia Money Transmitter License, MT-1201441, West Virginia Division of Financial Institutions. Circle is under no obligation to support a fork of a Supported Digital Currency that you hold in your Circle Account, whether or not such forked Supported Digital Currency holds value at or following such fork. the amount of such Unauthorized Supported Digital Currency Transaction or Error. Please note that this license does not cover the transmission of virtual currency. It is important that you regularly check your Circle Account balances and your transaction history regularly to ensure you notify us as soon as possible of any unauthorized or incorrect transactions. This paragraph applies only if your country of residence is the United States. Do so even if you primarily view your account information online. One in five Floridians has unclaimed funds from a forgotten financial account SEARCH FOR UNCLAIMED PROPERTY SEARCH CLICK HERE HAVE YOU BEEN CONTACTED ABOUT UNCLAIMED PROPERTY? Unclaimed Money From Deceased Relatives - SmartAsset Store funds securely and grow your business on-chain. any other matters, goods, or services that from time to time we communicate to you that are unacceptable and which, for example, may be restricted by our and your financial institution or payment partners (such (a) (o) transactions, Prohibited Transactions). This website is a good resource for unclaimed money finder information. In the event that Circle is acquired by or merged with a third party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control. The financial institution, for whatever reason, has lost track of the owner. CLICK HERE CONTACT US CLICK HERE CHECK THE STATUS OF YOUR PREVIOUSLY FILED CLAIM CLICK HERE $388 MILLION RETURNED TO FLORIDIANS LAST YEAR! Additionally, you may choose to have incoming fiat wires settle as USDC in your Circle Account and be bridged to a Supported L2 Network and withdrawn as Bridged USDC to the external wallet address of your choice. Unclaimed property is generally defined as a liability a company owes to an individual or entity when a debt or obligation remains outstanding after a specified period of time. Once we have completed our investigation, we will notify you of our decision within three (3) business days. This exclusion includes but is not limited to: metacoins, colored coins, side chains (unless such sidechain is a Supported L2 Network), or other derivative, enhanced, or forked protocols, tokens, or coins or other functionality, such as staking, protocol governance, and/or any smart contract functionality, which may supplement or interact with a Supported Digital Currency. By entering into this Agreement, you agree to receive electronic communications and notifications in accordance with our E-Sign Consent Policy. Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash. Recently in Memphis, Tennessee a resident received communication from a lawyer in Canada claiming to help the individual recover unclaimed permanent life insurance from a deceased relative worth $10.6 million. For the avoidance of doubt, in the event your Circle Account is suspended or closed, you will no longer be able to access any of the Services. Once you have provided us with proper notification (including delivering all of the information set forth in the subsection above and responding to any requests for further information), we will investigate the potential Unauthorized Supported Digital Currency Transaction or Error. We will enforce the law where we find systemic noncompliance or fraud." Click here for details See all additional business information Contact Information 99 High St Ste 1701 Boston, MA 02110-2346. Stablecoin market values have a direct effect on the underlying companys revenue, as providers such as Circle can invest the collateral in interest-bearing securities. We are not responsible for any losses, whether direct or indirect, that you may incur as a result of our complying with applicable law and regulations, the guidance or direction of any regulatory authority or government agency, or any writ of attachment, lien, levy, subpoena, warrant, or other legal order. Perform your search using your name, especially if you've moved to another state. Many financial institutions are decentralized and offer a variety of products and services that transcend various business lines. After first contacting Circle, if you still have an unresolved complaint regarding the company's regulated activity, please direct your complaint to: Division of Finance 200 E. Gaines StreetTallahassee, FL 32399-0376Toll-Free Number: 1-800-848-3792, NOTICE: By the Florida Office of Financial Regulation. Circle Payments, LLC's licensed activity is limited to fiat offerings in the state of California and is not inclusive of digital assets offerings. Virtual Currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. If Circle is holding funds in your Invest Account, and Circle is unable to contact you and has no record of your use of the Services for several years, applicable law may require Circle to report these funds as unclaimed property to the applicable jurisdiction. In certain circumstances, Circle may deem it necessary to report such suspected illegal activity to applicable law enforcement agencies and you may forfeit any rights associated with your Supported Digital Currency. Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it. You may have additional refund or chargeback rights under your agreement with the recipient of such funds, your financial institution, or applicable law. Enter your name below to see if you have any unclaimed property due to you: You agree with us that, if you are a consumer, the courts in the permitted region where you are resident will have non-exclusive jurisdiction. We may, without liability to you or any third party, suspend your Circle Account, consolidate your Circle Accounts if you have more than one, or terminate your Circle Account or suspend your use of one or more of the Services in accordance with the terms of this Agreement, as determined in our sole and absolute discretion. If Circle determines that you or any of your Additional Users have violated this Agreement, including, but not limited to, transacting with Blocked Addresses (as defined in Section 19) or engaging in Restricted Activities or Prohibited Transactions then Circle may be forced to terminate your Circle Account. For the avoidance of doubt, where used herein, the term funds includes Digital Currency. Nobody heard from him for years. Circle is not a digital custodian as such term is defined by the Nevada Financial Institutions Division. Additionally, for the avoidance of doubt, Circle is not a fiduciary, and Circle does not provide any trust or fiduciary services to any User in the course of such User visiting, accessing, or using the Circle website or services. Use of certain Services may have further eligibility requirements that will need to be verified prior to you using such Services or from time to time in order to continue your use of the Services and may be subject to additional terms and conditions. Holding Supported Digital Currency in your Circle Account does not entitle you to any additional tokens or value associated with Other Digital Currencies that may result from your ownership of such Supported Digital Currency, regardless of whether you would be entitled to such additional tokens or value had you held such Supported Digital Currency outside of Circle. As unclaimed money and property awareness comes more and more into the forefront, so do scammers looking to make a quick buck. Forks, Advanced Protocols, Other Digital Currencies & Supplemental Protocols Not Supported; Bridging, 16. Please note that this license and the required surety bond do not cover the transmission of virtual currency. Hutchison toldWHBQthat someone faxed him a document earlier this month claiming to be an attorney in Canada named Manfred Whiteman. General Holders . I had an uncle named Robert Hutchinson who dropped out of the family about 15 years ago, he said. A list of USDC Supported Blockchains, Supported L2 Networks, and EUROC Supported Blockchains is available here. Once a transaction has been initiated (including, but not limited to, a Digital Currency Transfer), it cannot be reversed or refunded, except as set forth in this Agreement. For a complete list of currently supported jurisdictions, please see here. If think you may have unclaimed money or property waiting for you, you can check online through free websites and state databases. What Constitutes an Unauthorized Supported Digital Currency Transaction or Error? They assumed he was deceased and $10.6 million is enticing. If we have already provisionally credited your Circle Account and determine that your claim of an Unauthorized Supported Digital Currency Transaction or Error is not valid and/or eligible, the amount provisionally credited will be debited from your Circle Account. In the event that you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and close your Circle Account. Circle USDC User Agreement - Circle Account /PRNewswire/ -- Circle Internet Financial, a global internet finance firm and the issuer of USD Coin (USDC), today announced it has entered into an agreement. If such a determination is made, we reserve the right to dispose of these funds in accordance with applicable laws and regulations and in our sole discretion, which may include, but is not limited to, returning them to the destination of their origin. That likely had a lot to do with the surging growth of USDCs market capitalization, which also roughly doubled during that time frame to more than $50 billion. Circle Credit Card Processing 2023: Reviews & Complaints You may not terminate your Circle Account if Circle believes, in its sole discretion, that such closure is being performed in an effort to evade a court order or legal or regulatory investigation or to avoid paying any amounts otherwise due to Circle. Much of that money flowed into USDC, which saw its market value rise to $55 billion on June 20 from $48 billion on May 9. Texas has returned more than $3 billion in unclaimed property to its rightful owners. Circle will not provide periodic account statements to you. Circle may and is authorized, without prior notice and both before and after demand, to set off the whole or any part of your liabilities or other amounts payable to Circle, including but not limited to fees, whether such amounts are present or future, actual or contingent, or liquidated or unliquidated, against any sums held by Circle and owed to you, whether under this Agreement or any other agreement between Circle and you. However, investors now have better options to safely earn yields, even if they are not ready to play the stock market yet. We presumethat he is deceased but boy, just that name might have hooked me if I didn't know better.. Jeremy Allaire argued that BUSD's consolidation of USDC liquidity was positive for the stablecoin. Learn about careers at Cox Media Group. If think you may have unclaimed money or property waiting for you, you can check online through free websites and state databases. How to Find Unclaimed Money That Belongs to You - Prudential Financial You are responsible for all such fees. If you question the authenticity of a communication purporting to be from Circle, you should login to your Circle Account directly through the Services website or related mobile application, if any, and not by clicking links contained in emails. Ohio Dept. of Commerce warns of unclaimed funds scam - FOX19 Fees are generally disclosed on the Fee Schedule; we may change any of the fees that Circle charges at any time, with or without notice. Submit formal complaint form with supporting documents: Division of Banking & SecuritiesPO Box 110807 Juneau, AK 99811-0807If you are an Alaska resident with questions regarding formal complaints, please email us at dbs.licensing@alaska.gov or call Nine Zero Seven Four Six Five Two Five Two One, Arizona Money Transmitter License, 0927830, Arizona Department of Insurance and Financial Institutions. Circle offers the following Services in connection with your Circle Account: Circle provides USDC-related services, which are described more fully in Section 11 and in the USDC Terms. You acknowledge and agree that Circle is not responsible for the operation of any such protocols. Additionally, certain of these states have required specific disclosures of this fact, which can be found below and/or on the Licenses page found here. GET STARTED . Every state has laws about unclaimed property and while the timing varies, they all require financial institutions to turn over unclaimed assets are a set time period has passed. After first contacting Circle, if you still have an unresolved complaint regarding the company's regulated activity, please direct your complaint to: Consumer Assistance Unit NYS Department of Financial Services One Commerce Plaza Albany, NY 12257 Toll-Free Number: 1-877-226-5697. Get near-instant access to USDC and Euro Coin, straight from the source. The fastest and most efficient way to notify us of an Unauthorized Supported Digital Currency Transaction or Error is to contact Circles Support Team via email at usdcsupport@circle.com. Additional terms and conditions apply to such services. Should you wish to update your contact information held by Circle, you may log into your Circle Account or email us at. When any transaction occurs using your credentials (including, but not limited to, Digital Currency Transfers), we will assume that you authorized such transaction, unless you notify us otherwise. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. They were able to determine this was a fake due to the lawyer not existing in Canada as well as the website being registered a mere 30 days ago. Connecticut Money Transmission License MT-1201441 (NMLS ID: 1201441), Delaware Check Seller, Money Transmitter License, 019238, Delaware Office of the State Bank Commissioner, District of Columbia Money Transmitter License, MTR1201441, District of Columbia Department of Insurance, Securities and Banking. Your liability for Unauthorized Supported Digital Currency Transactions and the amount Circle will reimburse you is determined by how quickly you report it to us. Unclaimed Money Scams - How To Spot A Fake When any transaction occurs using your credentials, we will assume that you authorized such transaction, unless you notify us otherwise. Search to find yours! We shall not bear any liability for any damage or interruptions caused by any computer viruses, spyware, or other malware that may affect your computer or other equipment, or any phishing, spoofing, or other attack. So crooks take advantage that there really is such money out there.. You may not copy, imitate, or use them without Circle's prior written consent. Massachusetts Foreign Transmittal Agency, FT1201441, Michigan Money Transmitter License, MT0019361, Michigan Department of Insurance and Financial Services, Minnesota Money Transmitter License, MNMT1201441. circle internet financial unclaimed property Except as may be otherwise agreed in writing between you and Circle, none of the Supported Digital Currencies in your Hosted Wallet are the property of, or shall or may be loaned to, Circle. Additional disclosures can be found on the Legal and Privacy page. Verification of the licensing status of Circle Internet Financial, LLC may be obtained here. Circle will update the information on the Circle website as necessary to provide you with the most up to date information, but you should always independently verify such information. Alabama - SC Money Transmitter License, SC514, Alaska Money Transmitter License, AKMT-10090. You also agree to provide us, when registering a Circle Account and on an ongoing basis, any additional information we request for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime. We are disappointed the proposed transaction timed out, however, becoming a public company remains part of Circles core strategy to enhance trust and transparency, which has never been more important, says CEO Jeremy Allaire. At the same time BUSD grew to $21.6 billion from $19.4 billion and Tether added a couple of billion dollars to its market value. Unclaimed Property - Journal of Accountancy This Section gives you specific legal rights and you may also have other legal rights that vary from state to state. About 10-15 minutes of research can help you determine if you actually have unclaimed money or if someone is trying to take advantage of you.

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