Quote:
Originally Posted by swarmee
Rumors so far is that they were opening up their own card shop and plowed funds into that. Another rumor is that they were overinvested in PSA base cards which are now dropping like rocks. Another rumor is that they invested in cryptocurrency at the peak, and it's now down about 40%.
I'll keep following it. I expect both criminal and civil liability due to the lack of escrow while operating in the capacity of a financial managers, and the lawsuits from submitters trying to get their funds back in bankruptcy court. (ed note: I am not a lawyer, so this is only my personal untrained thought.)
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I wonder if this could this be a class action lawsuit waiting to happen.
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Eric Perry
Currently collecting:
T206 (132/524)
1956 Topps Baseball (189/342)
"You can observe a lot by just watching."
- Yogi Berra
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