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by gregstoll 1467 days ago
I'm guessing like Mt. Gox, the former bitcoin exchange that halted trading and eventually shut down.
2 comments

And also prevented a whole lot of people from withdrawing a whole lot of money. Permanently.

I know people like to romanticize 1920s but I didn’t personally want to live through a run on a “bank”.

Doesn’t have to be to 1920s. I got some savings out of Northern Rock before the whole thing came down in 2007. https://en.wikipedia.org/wiki/Northern_Rock
I bought a lot of bitcoins that were locked up in mt gox. The lawsuit has been ongoing in Japan for many years now. Every 6 months or so they say they are just about to pay out the claims.