Constant $4 Million Crypto Lending Class Action Settlement
If you were a customer of Constant, MyConstant, or ConstantP2P between May 1, 2019 and Nov 16, 2022 and lost money, you may automatically receive a cash payment from a $4 million class action settlement. Eligible users will be paid pro-rata based on their documented losses. Confirm your payment details today to ensure you get your share.
Download Claim Form (PDF)Who Is Eligible?
- You used any Const LLC service (Constant, MyConstant, ConstantP2P) at any time from May 1, 2019 – Nov 16, 2022.
- You experienced monetary losses tied to those services.
- You invested funds or paid fees that were not fully returned.
Payout Details
Each class member will receive a pro-rata payment proportional to their individual loss versus the total losses claimed. Key points:
- No claim form is required—participation is automatic.
- Losses will be calculated in U.S. dollars using crypto prices on Nov 16, 2022.
- Final amounts depend on administrative costs and any additional recoveries from related bankruptcies.
Payment Options
- Electronic transfer (recommended for fastest delivery)
- Paper check mailed to your confirmed address
Want to update your address or choose a payment method? Use the official Payment Election Form.
Important Dates
- Fairness Hearing: July 22, 2025
- Expected Payment Date: Approximately 28 days after final approval and resolution of any appeals
Background of the Lawsuit
Plaintiffs alleged that Const LLC and its principals misrepresented investment opportunities and failed to deliver promised returns, causing significant customer losses. Although the defendants deny wrongdoing, they agreed to the $4 million settlement to avoid the costs and uncertainties of continued litigation.
Need Help?
Contact the settlement administrator:
Bhavsar v. Const LLC
c/o Kroll Settlement Administration LLC
P.O. Box 5324
New York, NY 10150-5324
833-627-3966
info@ConstSettlement.com
Frequently Asked Questions
Do I need to submit a claim for the Constant $4 Million Crypto Lending Class Action Settlement?
No. All eligible users are included automatically. Only update your address or payment preference if necessary.
How will my payment from the Constant settlement be calculated?
The administrator will total your documented losses, convert any crypto assets to U.S. dollars as of Nov 16, 2022, and pay you a percentage based on your share of the total losses.
When will I get my money from the Constant class action?
Payments are expected about 28 days after the court grants final approval on or after the July 22, 2025 fairness hearing, provided no appeals delay the process.
Can I dispute the estimated loss amount in the Constant settlement notice?
Yes. Contact the settlement administrator and provide supporting documents if you believe the calculation is incorrect.