What happens during bankruptcy? All lost or can I get Pennie’s on the dollar?
You would save more money by not worrying about the penny.
F
All lost, not even penny.
Sorry to hear. Realize that not having any govt regulations is more risky than any good. I wonder why people think decentralization is a good thing. Even if you are thinking that it should be kept in wallet, we are trusting wallet service provider.
78k staked ETH in Coinbase. Me when cashing out:
How long is it locked up for?
Technically I can convert it to a Coinbase wrapper token but I don’t trust it much. Otherwise, the stake wait is until they upgrade the protocol. It was supposed to be at the beginning of 2023 but I’ve read it’s being pushed.
Nothing but a cautionary tale to tell the next generation when the next big scam comes around
I knew it was a scam and I still got scammed. Herd mentality on twitter is strong thing
Mostly lost but you might get a few dollars back depending on how the Bankruptcy Court adjudicates payments back to lenders. Just note that you are the bottom of the payout list. Preferred lenders, investors, and investors come first. And the company can only pay out up to whatever assets it owns (which sound like nothing given it’s balance sheet). So not everyone will get paid
all lost
Welcome to the ship. I've my funds stuck with Voyager since the time filed BC
All lost. Maybe pennies on the dollar years later.