personally don't think crypsty is insolvent...but if the majority of posters here believe so...some one should start a pool...like closest to bankruptcy date wins the pot...
anyway
if they were insolvent...that's what its like in the land of crypto. All this bitching and moaning, but where else are you going to trade alts. I cant believe with the demise of mt gox, mintpal, coine-e, cryptotrade virtex...to name a few....that people still put too much trust in these exchanges.
btw where is the thread with people bitching about cex-io....I have nmc coins lost in transfer for over a week.
exchanges...unless p2p or licensed under something like the nys draconian bit license, where a bond must be posted... are risky places.
True !
I worked at a restaurant that told me and my buddy to close the Kitchen.
In the late afternoon the owner walked in and said ..it's over.
Later it was a question of who gets paid.
In Canada by law the creditors like banks etc were entitled to get paid first.
At least that is what i gathered roughly speaking (i am no expert on that stuff)
Later i had to start going to meetings to get my last paycheck etc.
In the end their stuff was sold off to pay creditors and i got *part of my money owed months later.
I didn't mind so much i didn't get it all back because i felt sorry for the owners.. they were good people.
Just another example of not being a dick with your staff / customers helps lol
Had they been jerks i might have tried harder to get all my money.. see what i am saying ?