To: TexasGator
That provides us SPIC coverage of $2.5 million.
SIPC is grossly underfunded, ( .0019),a private non government corporation, and couldn’t handle just one large brokerage firm’s liabilities, and has failed to cover brokerage failures in the past,....good luck....how’s your Bitcoin doing?
57 posted on
02/17/2026 12:37:17 PM PST by
delta7
To: delta7
“SIPC is grossly underfunded, “
SIPC only comes into play like in cases of fraud.
In an honest broker goes under, the account is transferred in whole to another broker.
But that reminds me of a crook that set up shop and misled his investors and spent eleven years in jail. He was not part of SIPC.
58 posted on
02/17/2026 12:51:54 PM PST by
TexasGator
(1.1~I11:/)
To: delta7
“how’s your Bitcoin doing?”
Better than your silver.
59 posted on
02/17/2026 12:53:05 PM PST by
TexasGator
(1.1~I11:/)
To: delta7
“and couldn’t handle just one large brokerage firm’s liabilities,”
SIPC does not cover the firm’s liabilities. It insures accounts.
62 posted on
02/17/2026 4:36:00 PM PST by
TexasGator
(11.1~I11:/)
To: delta7
“how’s your Bitcoin doing?”
I presently have zero pure bitcoin holdings.
63 posted on
02/19/2026 12:04:43 PM PST by
TexasGator
(1X11111.1~I11:/)
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