For those that voted in favor of Coinflex restructuring

Current market is paying .15 on the dollar for each dollar held on exchange. This is assuming one already took the first 10% by signing new TOS. Which would bring the total to .25 on the dollar. One would have received this amount anyway. Regardless of a bankruptcy. According to Coinflex own balance sheet, after bankruptcy and all assets were to be sold, total settlement would have totaled? drumroll please..... approximately .25 on the dollar.. Pretty much the exact same result. So basically by agreeing to allow Coinflex to restructure with a yes vote what did we gain? A few years of time spent in bankruptcy courts. What did coinflex and Mark Lamb gain? Accountability. Or more precisely lack of accountability. We will never find out what really happened. We will never find out why the massive hole in balance sheet. Will never find out why and where large transactions of BCH went before creditors were gated. You know what. I think it was worth it!

submitted by /u/chrisgm3773 to r/btc
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Quelle: bitcoin-en