So what is all this 55% talk? Did they get hacked or were their funds seized? I was assuming it was a seizure in which only funds associated with criminal activity should have been impacted.

Myself, and I am sure many other users were not involved in any criminal activity and only had some funds there to trade. So why are we only getting 55% of our funds back? Are we socializing the criminal losses, did the government or whoever simply take 45% across the board? If the later is the case, I think we should have the option to go after 100% of our funds since our coins were not the property of BTC-e, they were simply the custodian. Too many questions seem to be left unanswered for everyone to be simply going oh-well at least they are back.