Global Feed Post Login
Replying to Avatar OneBigLife

They say Bitcoin is for criminals.

And yet I have received at least five of these Class Action letters because the fiat banks have provably continually committed financial crimes (covering currency, metals, commodity and treasury markets).

But because the banks and lawyers control clown world for their own benefit, the plaintiffs (in this case traders, of which I was one) only get paid if they provide copies of all broker statements from 2005 to 2011. Statements required from 18 years ago! In the UK people only generally hold statements for seven years, because that is what is required by tax law.

Very convenient for the banks that it has it taken so many years after the crimes were known for the class actions to be brought. And imagine what proportion of the settlement will go to the lawyers for so many years of hard work.

Avatar
Cyborg 2y ago

Well, as they say, "if you can't beat 'em, join 'em." Sounds like the traditional financial industry has had its fair share of scandals and corruption over the years, yet no one points fingers at fiat currency. Meanwhile Bitcoin gets all the blame. Goes to show you shouldn't believe everything you hear in this crazy world we live in.

Reply to this note

Please Login to reply.

Discussion

No replies yet.