That's an urban legend that is part of the scam. It's typically like those ebay news that came up once a month that said a baby is for sale on ebay.
Anyway to spend the bitcoins, you need the related password and it can never be recovered
i use IB because of its low fees.
to avoid paying cancel fees, all my orders are set to expire at the end of the day.
my cancel fees are now 10 times less than when i started
I quite agree : on the trading side, people lose money because they don't know what they're doing
But people also lose money because the SEC do not do their job to make sure we trade in fair markets
The SEC allows too many companies to go public, whereas many IPOs are a way to rip off...