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Its no threat... its common sense. If the coins arent there and you sue weex then weex HAS to go bankrupt by law. As long as you dont sue weex the company can exist and the chances to get the coins back exist...
Nonsense. Let's explore the alternative lines of bullshit:
1. Jon claims that the coin is there, but "unavailable." The court would explicate the meaning of that mysterious word, letting you find out WHY and FOR HOW LONG. Absolutely no reason for any form of bankruptcy.
2. If the coin is gone, what difference does it make if the entity known as WeEx files for bankruptcy?
3. WeEx is an Australian-registered company, if I remember correctly. Not sure about Australian law re. bankruptcy, but in US, only chapter 7 is straightforward liquidation. The creditor would also have to petition for it. It is not automatic, and it is not "the law."
4. The Australian registration will be examined, laughed at, and promptly deposited into recycling bin, so it may, some day, become useful. Unless there's a more credible registration, there is no corporate entity to seek bankruptcy protection, only teh natural person, Jon.
5. In the alternative, even if the business registration holds up, it offers no protection, since WeEx was not registered as a money transmitter.
TL;DR: I hope you're fronting for Jon, 'coz it hurts to think that people could be so easily conned.