What happens if BONDSTER becomes insolvent?
September 22, 2024
We are confident that such a situation will not happen. Nevertheless, it is important to know what would happen in this highly unlikely scenario. In the event of insolvency, BONDSTER would immediately inform all investors. Based on the applicable legislation, a liquidator would be appointed to ensure the platform’s basic operations so that it can continue to fulfil the obligations arising from investments made. Agreements on the assignment of claims would not be affected by this. The liquidator would also take control of all funds in the investment accounts and ensure that all claims against investors and business partners are properly settled. Clients’ money is kept in a separate company account and is thus separated from the operating accounts which are used for the day-to-day running of the company.
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