My bet is that everyone with funds at Bitfloor will end up with a pro rata share of the total "deposits", with BTC valued at today or yesterday's average USD exchange rate. And court fees, attorney fees, accountant fees, trustee's fees, and all of the rest come out first.
So a pretty good outcome would probably look like 25% of your total deposits (assuming, overall, that half of the value deposited was BTC (which is now gone) and half was USD, and half of what's left gets spent on the friction of litigation), and you'll probably get it in 12-18 months.
So a pretty good outcome would probably look like 25% of your total deposits (assuming, overall, that half of the value deposited was BTC (which is now gone) and half was USD, and half of what's left gets spent on the friction of litigation), and you'll probably get it in 12-18 months.
Well you lost that bet. Big Time. You were wrong about both the terms and the timing.
And it didn't take long for you to lose it either!
At this rate you'll soon be a senior partner in the disreputable internet law firm of
Fail, Failure, and Failmore.
Providing worthless opinions regarding matters far beyond our comprehension since 2010.
Providing worthless opinions regarding matters far beyond our comprehension since 2010.