There is still a change the jury or the judge gets convinced a monetary compensation does have place within the lawsuit, 400 million is completely out of proportion in my opinion, if the former partner ends up winning this lawsuit the final amount would end up being smaller.
I dont see major reasons to panic over this lawsuit, Stake likely have very good lawyers and enough money to pay and solve this all mess without going out of business.
If anyone feels uncomfortable with all this, simply keep enough funds on stake to gamble and move the rest of it to your wallet.
If people are concerned about risk, then they can always move their funds to a secure wallet rather than on a gambling platform. I think it is never safe to have very large funds on any gambling site, it is very risky. But have sufficient funds for your gambling needs and make a deposit when needed again.
$400M is such a huge amount, it will surely cause a lot of panic among stake customers.
It may be a huge amount, however, the revenue of this site is huge as well.
Just look at the bonuses that they are giving to their players.
Anyway, it is up to the player how he handle this news, either he will just ignore this or panic.
Also, we have no updates yet on this lawsuit. But I can say, stake can easily pay this amount.
It is by no means, will make them bankrupt as Hispo also mentioned.