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Companies have assets and cashflows which could be given to shareholders in a liquidation. What you're describing is more like what's called a "binary option" w

Companies have assets and cashflows which could be given to shareholders in a liquidation. What you're describing is more like what's called a "binary option" which is actually quite similar to a lot of crypto projects.

rawtxapp 5y ago
> in a liquidation That would be like a worst case scenario though, right? Which would in turn make those shares worth a lot less to begin with.
Animats 5y ago
... "binary option" which is actually quite similar to a lot of crypto projects. Yes. Some of the same scammers are behind both.[1] [1] https://www.timesofisrael.com/german-police-raid-call-centers-allegedly-running-israel-linked-investment-scams/ https://www.timesofisrael.com/german-police-raid-call-center...