Post
Topic
Board Service Discussion
Re: Bitstamp's first annual statements
by
Nagle
on 05/01/2015, 23:48:07 UTC
Now bankrupt?
They lost 5 million out of 65 reported here. Not enough to go bankrupt Wink
In an extreme scenario they could get more if they sold the company and the buyer would cover the loss.
They don't get to cover their losses out of customer funds. If they lost $5M, and they have less than $5M of investor capital available, they are bankrupt.