I just wish we live in a world of law and order. So many people in US were scammed hundreds of thousands even million dollars. The victims reported the case to FBI, I did not hear any lost money was claimed back.
which Bitcoin ETF does not hold real BTC?
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I just wish we live in a world of law and order. So many people in US were scammed hundreds of thousands even million dollars. The victims reported the case to FBI, I did not hear any lost money was claimed back.
Well the FBI doesn't go after 1 time scammers unless it's a large amount of money. The FBI doesn't have enough resources to go after every crime. What they do is put the report in the database and try to link it with other crimes until they have a big enough case to go after the suspect. And sometimes, even after throwing a suspect in jail they don't always get the money back.
But I agree with you, there needs to be more justice for victims of scams. And as crypto gets more regulated, law enforcement will get more better at dealing with scammers.
God the Bitcoin crowd is dense sometimes. Of course insurance is available for a price. The question is did they actually buy it and are the premiums so high as to cause rapid decay in the NAV.
The fact that insurance companies exist and have lots of money is totally irrelevant. The question is whether they are actually involved in any of these ETFs.
I know if I was running a group insuring a instantly transferrable asset, where transactions cannot be voided or reversed, my security auditing and therefore policy price would be sky high.
Bullshit. Look at all the recent US listed Chinese frauds.
Extradition is a result of cooperation between two or more countries. I have yet to see the SEC send seal team six into a foreign country to grab a hacker.
https://dspace.mit.edu/handle/1721.1/90232
" From 2009 to 2013, 76 out of 848 U.S. federal securities class action litigations were against Chinese companies listed in U.S. markets."
Ripping off Americans is practically a national policy in China. Of those 76 companies, I challenge you to show that even 25% of them had someone dragged back to the US in handcuffs.
Here's one.
https://www.justetf.com/en/etf-profile.html?isin=DE000A28M8D0
It's not available in the U.S.
https://www.vaneck.com/es/en/investments/bitcoin-etp/overview/
For sure you don't put your key there. You just let your relations know that they key is in the safety deposit box or under that rock near the crick or whatever other safe place you decide on.
Multisig wallets. You can work with professional paid services or do your own with a lawyer
https://casa.io/inheritance
Read the prospectus, but I would expect every blackrock fund to be its own LLC.
If one folds, I would not expect any other fund or the parent company to cover the loss.
I've considered something like this for crypto keys but there's no real good solution.
Either one or two people have a roadmap to steal your money, or you create an insanely complicated shame with many parties and fractional keys.
The last thing I want is for my grieving family to have to reenact the plot from Largo Wench
https://m.imdb.com/title/tt0808339/plotsummary/?ref_=tt_stry_pl