My question: For those receiving BTC claims via Coinbase/PayPal……. Are they

Question

My question: For those receiving BTC claims via Coinbase/PayPal……. Are they

converting to USD at 42K then converting back to BTC on payment date at todays price?

Or are they directly giving you BTC based on claim? (Ex. 1BTC claim -> 60% = 0.6BTC sent to coinbase)

0

11.02.2024

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Ben Автор вопроса

czar chasm
Neither. They are converting to USD at bankruptcy...

I see, so not a bad deal since prices have been going up since 42K snapshot.

0

10 месяцев назад

czar chasm · Accepted Answer

czar chasm

Neither. They are converting to USD at bankruptcy date prices (circa 19k btc, 1k eth). Then, converting that amount of USD back to crypto from the effective date prices (end of Jan, circa 42k btc, 2.5k eth). So, in effect, denominated in crypto, Coinbase / PayPal, etc. distributions are around 0.26 btc for every 1 btc, and 0.24 for every 1 eth.

0

10 месяцев назад

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My question: For those receiving BTC claims via Coinbase/PayPal……. Are they

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