That doesn’t at all refute my statement. That is the scenario I talk about where your assets go into the waterfall. The broker doesn’t get to seize anything -

That doesn’t at all refute my statement. That is the scenario I talk about where your assets go into the waterfall. The broker doesn’t get to seize anything - the other creditors are making a claim against your assets and as I said, they very likely rank behind you in the waterfall, and either way there is a lot of messy and expensive legal wrangling before anyone gets anything. It’s pretty dispiriting that you think that your conversation with gemini is worth posting to this site btw.