The SEC has distributed $4.6 million to investors affected by BitClave's failed 2017 ICO, which raised $25.5 million. BitClave agreed to pay $29 million to a restitution fund but had only contributed $12 million as of early 2023. Eligible investors filed claims by August 2023, and the SEC completed the review process in March 2024. #SEC #BitClave #ICO #Restitution #CryptoRegulation