2 ms·
That is also the underlying problem, they DON'T have enough bitcoin to do exactly that... More importantly (note: IANAL), the bitcoins converted, by law, to a
by avs733 9y ago
That is also the underlying problem, they DON'T have enough bitcoin to do exactly that...
More importantly (note: IANAL), the bitcoins converted, by law, to a specific valuation on a set date when the assets are frozen. Per the court, years ago, the amount owed to each creditor was set in the court's working currency (i.e., the Yen) and the court doesn't deal in Bitcoins.
In your example, during the bankruptcy process, they would set a date of valuation and you would be entitled to the value of the shares on the date when the bankruptcy was set. Future lost profits are not the purview of the bankruptcy court.