I lost over 30okay usd within the October 10th liquidation during a flash crash.
Then I came upon about Collectively initiative which was obviouslu just a PR stunt designed to cover the truth that the entire crash was a manipulation that lasted for a number of seconds, however long sufficient to rob billions of dollars from "pleased clients"
I read the standards specified within the initiative which principally stated: 1. The losses have to be 50 usd minimal (I misplaced 30okay usd ) 2. The time of the loss should match the time of the liquidation event. (Which is strictly once I misplaced the money) three. I need to not be compensated already (I positive haven't been)
Anyway, I spent 100+ hours talking with 20 totally different "help brokers" at totally different ranges and I received tens of different explanations, a few of them outright insulting my intelligence. Worse of them being:
We know your account didn't meet the standards of the initiative, but we can't inform you why particularly FOR SECURITY REASONS
We can't inform you why you didn't meet standards for the initiative refund because a particular group is engaged on it and we don't have the access to that info.
We all know that the initiative has three standards, however there could be SOME OTHER CRITERIA that was not mentioned there that you simply didn't satisfy, BUT WE STILL CANNOT TELL YOU WHAT CRITERIA EXACTLY you didn't meet.
We'll let you recognize in 10 days concerning the compensation - No less than five agents wrote this. (Greater than a month handed, no reply in any way).
Backside line, they used every attainable excuse not to return something they stole in this crash, and in addition to keep away from any duty to elucidate why I was not eligible for a refund, although I met all the crieteria they created themselves.
These guys are scammers, manipulators, pretending to be "serving to the group", however in the long run simply resorting to lies.
I hope they exit of business and be held chargeable for their wrongdoings.
Edit: Unsure why this matter received LOCKED, but I can solely assume ????β????οΈ I assume it's forbidden to talk freely here ????
You're asking for my case id. What for? To go away the impression you're doing one thing for me? Or just to inform me once once more I'm not elegible, but cannot tell me why exactly...
I feel this is likely one of the 10s of the case ids I had 149762716
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