For someone that had 6 figures in fiat when the site went down the second statement doesn't sound great, but I'm hoping everyone will be reimbursed no matter if you were in btc or fiat.
US citizens as well as EU citizens can crowdfund for lawyer and return their money in court, i think
It does not matter what was your exchange balance. Probably half of users were into fiat. Having fiat balance onto exchange does not mean that you have a share of their fiat bank account as that does not increase or decrease their bank fiat balance. Exchange balance is just a number, not hard cash. No matter if your exchange balance is fiat or crypto, you actually never own coins or fiat until you request withdrawal.
The main issue is with leveraged MT4 positions. Will those positions be liquidated when trade was stopped or left to be auto margin called if trade resumes?