If you used MyConstant (also called CONST LLC or ConstantP2P) to invest or lend crypto, you could be owed money as part of a new $4 million class action settlement. CONST agreed to the payout to resolve claims it misled customers about the safety and returns of its services.
Why Is There a Lawsuit?
A class action lawsuit says CONST misrepresented its investment and loan-matching services.
People who used the platform claim they:
Were promised certain returns that weren’t delivered
Lost money as a result
Didn’t get clear info about the risks
CONST denies doing anything wrong but has agreed to settle.
Who Qualifies?
You may be eligible if you were a CONST customer between May 1, 2019, and November 16, 2022 and:
Used the Loan Matching Service, Crypto-Lending Platform, or Instant-Access Investing
Paid to join or invested money
Lost money after subtracting anything you got back
No receipt or proof of purchase is needed. CONST’s records will be used to confirm eligibility.
How Much Can You Get?
Roughly $4 million is available to pay eligible users. This includes:
Money from CONST’s remaining assets
An extra $200,000 from founder Duy Huynh
After legal fees and admin costs, the remaining amount will be divided among users based on:
How much you lost
How many people file
How much the company collects
Payments will be made in stages, not all at once.
What Are My Options?
Here’s a quick comparison:
| Option | What It Means | Deadline |
|---|---|---|
| Do Nothing | You’re in. You’ll get paid automatically (if eligible) | No action needed |
| File Objection | Tell the court why you disagree with the settlement | Within 60 days of your notice |
| Opt Out | Remove yourself completely from the case and give up any payout | Within 60 days of your notice |
| Update Info | Confirm your address or choose how to get paid | ASAP using the online form |
| Dispute Amount | Think your payment is too low? Submit proof and contact admin | Before payments go out |
How Do I Get My Money?
You don’t need to file a claim form to be included. But to make sure everything goes smoothly:
Make sure your contact info is up to date
(Optional) Fill out the payment election form to choose how you want to get paid
If needed, submit proof to dispute your amount
Key Date:
Fairness Hearing – July 22, 2025, at 8:30 A.M. (when the court decides whether to approve the settlement)
