There's no way it's legal for a business to sell your property without your permission.
It’s in their TOS.
Their TOS says they can liquidate your holdings at any price they choose? I don't know if that's even legal. A TOS with illegal provisions is invalid. I'm pretty sure they have a fiduciary responsibility to their clients, which means they're fucked legally.
Their TOS says they can take “reasonable” actions to “protect” users. It’s nebulous enough they felt they could get away with it. But there is a lawsuit now so we’ll see for sure that the rich protect each other when the plebs get uppity.
The only thing you can own is bitcoin. Not your keys, not your coins. It's time to used decentralized exchanges for stocks as well.
(post is archived)