I just checked, and crypto is up over 100x in the past 7 years.
Why are they complaining?
Why are they complaining?
The biggest cryptocurrencies 7 year ago are mostly all forgotten and market price wiped out, except for bitcoin.
But what that means is that if the company is out of money and out of assets worth anything (as a lot of cryptocurrency adjacent orgs that went bust were), then there is little if anything for them to owe you.
You may get a few cents back on the dollar after banks and investors sell off everything left to cover their secured claims.
It's kind of shitty but that's just how debts work in the US. They owe you money but they have none and wash their hands of it so now you are out of luck.
Now in the case of the OP they probably would still get paid out given the org in question is still operating and is not bankrupt. It'll just take time for the court to do its thing.
>The unpaid bills appear tied to the news in Sportico last month that Dapper Labs, the platform for the NBA’s and NFL’s sputtering nonfungible tokens, and DraftKings’ Reignmakers NFTs had each engaged the NFLPA to renegotiate their deals in light of the plummeting value of the digital assets.
(/s)