That face when you realize that there is a nonzero chance that ≈20% of your stack that you accumulated in the last year could be subject to clawbacks because the custodian rugged everyone years ago.

This is very reminiscent of what it felt like during the GameStop debacle when I realized you couldn’t trust any 3rd party involved in the ownership of public company stocks. It’s bullshit all the way down.

Even if there is only a 1% chance that ≈20% of my cold storage stack is at risk, it’s a watershed event.

If such a thing happens, let’s hope the valuation of the assets is in nominal terms at the time of withdrawal. Then it would represent much less than ≈20%.