Quote from: malevolent on Today at 07:43:23 AM

Quote from: exstasie on October 21, 2020, 10:00:15 PM

He's hiding Polo in the Seychelles and still playing by the rules of the wild west. You think he has any interest in paying off Circle's old debts? I don't.....

Did you have any luck after contacting some lawyers that you mentioned having contacted last year? I take it that you didn't by the tone of your post but I'm still curious.

You might have me confused with the OP. I didn't lose anything in this affair. I've just been keeping tabs on Poloniex.

I remember the OP saying he spoke with an attorney who felt he had a case, but without a larger class action type suit the amount in question wasn't worth the legal costs.

Quote from: PrimeNumber7 on Today at 04:14:28 PM

I would not be surprised if the transaction was structured in a way such that the new owner is insulted from any claims from the margin losses, regardless of what they have promised to do for those who lost coin.

Legally that's not possible, in regards to the victims' civil claims. The new owners have the same legal exposure the original company did. It's possible that as a term of the acquisition the new owners stipulated that the original owners pay any related settlement or legal costs, but that would be very unorthodox.

I think it would be more reasonable to assume they bought Poloniex dirt cheap with the stipulation that Circle be protected from any legal claims. Circle wanted to wash their hands of Poloniex entirely.