Losing Everything In Crypto | BANKRUPT

Losing Everything In Crypto | BANKRUPT




Declaring bankruptcy and losing everything in crypto: ▻ Get up to a $250 in Digital Currency: https://blockfi.com/andrei ▻ Get …

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About the Author: Andrei Jikh

40 Comments

  1. Thanks so much for the huge amount of research you put into all your videos! And most of all for your honesty and also the transparency you share success and failure with all of us. Keep up the good work 💯🤙🏻

  2. Reach out 👆👆👆👆….Nice video. Even with the dip I still make over $19,000 weekly with Mr Donald James bitcoin signal. Do you know that you can start make a lot of money even with the current price? Reach out to him 👆👆👆👆👆

  3. I'm glad I pulled 90% of my crypto out of Voyager before they locked assets. Triple whammy for me, luna, Voyager account and Voyager stocks

  4. I happened to be lucky. When I heard about the Luna and Celsius fiasco, I had over 1/2 million on Voyager.

    I frantically moved $25k daily (daily withdrawal limit) into cold storage. Then the last week and a half I felt “safer” but still had $30k on there. We forgot about withdrawing and on July 1st we were locked out.

    I consider myself lucky…..but it’s still a nice chunk of $$$. Hoping we all come out whole.

  5. I remember something from Buffet, which is very common for the topic of the video, which I don't remember by heart but was something like that: I know the management of a company will mess up some day, my task is to understand to what point". One should never underestimate and be surprised by the humans nature greed, so nothing new with this case, the laws and the institutions allowed these companies to over leverage themselves hundreds of times, now the everyday Jo will pay the bill, remember 2008, it was the same, but with real estate, now it's crypto. Hope you all get your money back, but unfortunately I doubt about it 😔

  6. To clarify, the courts don’t give loans but there are private companies that give Debtor in Posession loans to help bail out companies going through Chapter 11 (if such plan is approved by the court). But the problem with that is: those lenders become secured creditors and get to skip to the front of the line when it comes to repayment of money they give the debtor. This pushes unsecured creditors further back in line – including the average users of voyager who had accounts (like yourself). Also, Chapter 11 bankruptcy is a complex and very expensive bankruptcy proceeding. The legal costs are very high – lawyers, claims administrators, and other service providers also skip the line and are guaranteed repayment before ordinary unsecured creditors like yourself. Also in Chapter 11 it can take a few years before a plan is approved, all the while legal costs grow. Sometimes, you may need to submit a proof of claim to ensure your claim is included later on when they payout (in chapter 11 it is not always required). I’m really sorry for you and anyone else who has money tied up with Voyager. It’s not a fun process, but hopefully things will work out well enough for you all🤞🏻🙏🏻❤️

  7. Honestly I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.. I have made over 11btc from day trading with Josef Dennis insights and charts. His been one step ahead of other analysis,.

  8. OMG. I feel for you. I dipped my toe into crypto, got burnt, saw what it was, and got out again. So glad I did. I feel for you all. I hope you get your money back.

  9. The fact< is, NFTs, BTC is the future of crypto and the question most people ask themselves is – if this is right time to invest? I feel those who would allow the market dynamism to determine when to trade or not are either new in this space in general or probably just naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I’d say that more emphasis should be put into trading, since it is way profitable than holding. Trading went smooth for me as I was able to raise over 19 BTC when I started at 3.5 BTC in just 3 weeks of implementing trades with signals and insights from Carolyn Halles, I would advise you all to trade your asset rather than hold for a future you aren’t sure about.

  10. The things you didn’t mention that it’s listed you get vgx and some shares in their restructured new company in place of your crypto and USDC
    Also if your shareholders those will be billed with the new restructuring
    So good luck getting anything back

  11. Just a curious question. If crypto companies can stop crypto withdrawing can the stock brokerage companies do the same? I doubt anyone is holding paper stock certificates.

  12. Kinda unrelated though.
    I think people should question sometimes, why the big interest?
    Cause no person (or business minded person) that gives so much, with;
    A.) Nothing to gain
    B.) Nothing to sacrifice

  13. Crypto exchanges behave like banks – multiple loans issued from depositors. The interests promised (apy) r beyond reality -12%? Perhaps a ponzi benchmark interest might be 15% n beyond. Madoff promised that kind of return. Ponzi schemes always promised interest far beyond the real financial markets..nothing comes that easy and risk free. It maybe wise to convert crypto to stock n monies or other assets now because the trust in crypto is now plummeting by the minute. Don’t be left ‘holding the bag’.

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