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To do this legally, one can have a separate legal entity to hold on to third party assets. In the Netherlands this can be done using a foundation (stichting der
by mtsr 4y ago
To do this legally, one can have a separate legal entity to hold on to third party assets. In the Netherlands this can be done using a foundation (stichting derdengelden).
Any transactions of third party assets go through this entity and don’t touch the company at all. And this entity doesn’t take on any risk, whatsoever.
Fees etc, of course, happen separately and are paid to the company.
So in closing: this has nothing to do with fairness and everything with the exchanges (whether purposefully or through negligence) not working this way.
- danuker 4y agoWhat is there to gain? When one type of depositors can't be repaid, the liability of the rest of the company is limited? What makes you think the whole company was more than a front for an exit scam? Dividends could have gone to the owners well before it went bankrupt.