Unless the trustee has applied a very high conversion fee, I can say I got all my money but around $ 300, which might cover the trustee's expenses and fees. We won't get ALL our money back, if this is what you wanna know
Did the trustee tell you that we do not get ALL money back?
Lets say that your money was in USD and you transferred the funds to a USD account in your homecountry.
Would you not get the full amount?
You should read this thread from the beginning. Do you think the trustee has been working for free so far? Where do you think the money he got comes from?
Depositors money earned quite a lot of interests and EPB as a bank had 2-3 million USD.
So before he can tap into the customer funds, these funds should dry first.
A lot of interests? How many interests do you think 3 million USD have generated, also considering that funds have been moved from / to different banks? EPB liquidation has been a dull operation since the beginning, don't forget that
But do you really think you can set your own rules? We're lucky if we can recover at least part of our funds. Or should we repeat endless that EPB liquidation has been a merely speculative operation?
I don’t set my own rules.
The trustee can’t just tap into customer funds as he wants to.
Even though this operation has been very negative in a lot of aspects he has posted reports where we can see the expenses.
And i don’t see that the expenses has overtaken the surplus money at epb and-/or the interest gained from the customer funds︀ yet.
I remember that while I could check the monthly fees of EPB were always deducted so I am not sure when if they stopped. Clearly not providing service did not stop the fees from incurring so that might be the 300$. Maybe, but who knows.
On twitter/X today Peter says Gold was less than $1800 at time EPB was shut down. Today it is over $3200. He goes on to say "Thanks to corrupt government officials, bank customers have lost out on those gains"