Quote from: AdolfinWolf on July 04, 2019, 02:20:08 PM

Quote from: PrimeNumber7 on July 04, 2019, 06:18:08 AM

Quote from: countryfree on July 01, 2019, 08:10:53 PM

Quote from: PrimeNumber7 on July 01, 2019, 05:20:15 AM

Poloniex declaring bankruptcy.

What's wrong with that? It would still be better than keeping the business running as usual as it is. At last, the world would be sure this won't happen again.

There is nothing wrong with this per se, but I would repeat that I do not believe this is a winning case. I would also repeat that I believe the right thing to do is Poloniex to cover the losses, I do not believe they are legally required to do so.

If you did bankrupt Poloniex, I believe you would spend a lot of money out of your own pocket doing so, and any money you do recover would probably not cover any legal expenses you incur.

That depends on how Poloniex is set up. If the money of customers' is in custodial accounts, (which i think might be required by law?) then in the case of a bankruptcy, those funds won't/can't be collected, and will be returned to the account holders.

I dont know how their accounts are setup. I dont believe they have bank accounts with customer money. If they do go bankrupt, the argument will likely be made that account holders have a lien against crypto assets in the amount of their various balances. Someone who has a 1 btc deposit will have a lien on 1 btc worth of their bitcoin and someone with a 1 ltc deposit has a lien on 1 ltc worth of litecoin.

Quote from: countryfree on July 05, 2019, 07:03:57 PM

Quote from: PrimeNumber7 on July 04, 2019, 06:18:08 AM

Quote from: countryfree on July 02, 2019, 07:13:58 PM

Does anyone here is a regular poster on Wikipedia, or knows a journalists?
Thanks.

Both Paul Vigna and Steven Russolillo have covered bitcoin recently:

Thanks a lot, but I suggest you edit your post and remove addresses. I noted them. I would not like to have my address on a public forum.

I removed their email addresses, however they appear on every article they have written or contributed to.