- Jul 29, 2014
- 22,047
- 23,183
Shame it's in NY...otherwise I'd show up with a couple cartons of eggs to throw at the four of them....
Shame it's in NY...otherwise I'd show up with a couple cartons of eggs to throw at the four of them....
here is an interesting idea that I think has some merit.
Sounds Like time to buy.Bump
Crypto back in the news
'Crypto is dead in America.' How FTX's collapse instigated a Biden crackdown on the digital-asset sector.
The outlook for crypto has never looked worse amid a broad regulatory crackdown led by Securities and Exchange Commission Chairman Gary Gensler.www.marketwatch.com
Sounds Like time to buy.
Sorry to hear that....40K ain't chump change. Hopefully Voyager gets unf vcked and you recover a better haul. Try not to be too hard on yourself.I have somewhere around $17k in Blockfi right now that I can't take out because they got wrapped up in the SBF mess - I had a lot more in there, but I withdrew all the stablecoin literally about a week before they filed for bankruptcy. They are going through the court right now and it looks like I'll get a little bit of it back. BUT, I had about $51k in stablecoin at Voyager that I didn't withdraw - they are going through the same process. I got notice yesterday that I'll get back just over $18k (initially) and possibly will get more of it back after the first round. I had to open an account w/ a wallet to transfer it to (not sure why they couldn't just transfer it back to my bank account that was attached to the account), so I opened an account with Kraken to transfer the first round to.at
I doubt I will ever invest in crypto again after this. I feel like a dumbass and taking it on the chin for $40+k doesn't feel so good....
That's rough for sure. I'm also curious as to what ended up happening with the high interest account you were talking about?I have somewhere around $17k in Blockfi right now that I can't take out because they got wrapped up in the SBF mess - I had a lot more in there, but I withdrew all the stablecoin literally about a week before they filed for bankruptcy. They are going through the court right now and it looks like I'll get a little bit of it back. BUT, I had about $51k in stablecoin at Voyager that I didn't withdraw - they are going through the same process. I got notice yesterday that I'll get back just over $18k (initially) and possibly will get more of it back after the first round. I had to open an account w/ a wallet to transfer it to (not sure why they couldn't just transfer it back to my bank account that was attached to the account), so I opened an account with Kraken to transfer the first round to.
I doubt I will ever invest in crypto again after this. I feel like a dumbass and taking it on the chin for $40+k doesn't feel so good....
That sucks. I am sorry to hear that @BMF. I personally admit to not understanding crypto whatever to have invested in it, but admit to trading it a bit, just for fun. My thought process was very simple. I had 6 CD's in 2008 at banks that alll went under. Someone asked what I did. I said I went back to sleep b/c I knew I was going to get a check plus interest at maturity from the FED. And I did. With Crypto, I always asked that if it disappeared overnight from some hack attakh, who would you call? Ghostbusters? That was my single reason for not having the stones to invest in it.I have somewhere around $17k in Blockfi right now that I can't take out because they got wrapped up in the SBF mess - I had a lot more in there, but I withdrew all the stablecoin literally about a week before they filed for bankruptcy. They are going through the court right now and it looks like I'll get a little bit of it back. BUT, I had about $51k in stablecoin at Voyager that I didn't withdraw - they are going through the same process. I got notice yesterday that I'll get back just over $18k (initially) and possibly will get more of it back after the first round. I had to open an account w/ a wallet to transfer it to (not sure why they couldn't just transfer it back to my bank account that was attached to the account), so I opened an account with Kraken to transfer the first round to.
I doubt I will ever invest in crypto again after this. I feel like a dumbass and taking it on the chin for $40+k doesn't feel so good....
Blockfi and Voyager had the high interest accounts for stablecoin - which is what I had the money in at Voyager (I was able to get the money out of blockfi before they filed - but, like I said before, I did have some crypto (bitcoin, ETH) that is still there - about $16-$17k worth, so I'll likely get a portion of that back). I do expect to get a little bit more back from Voyager, but very likely I'll end up losing $25k or so from that account.That's rough for sure. I'm also curious as to what ended up happening with the high interest account you were talking about?