Glint participants should consider themselves lucky that this happened in good times. Imagine standing in a Northern Rock-like queue of non-preferential suckers trying to get their money back. Good luck with that when multiple SIFI's go belly-up. FDIC, FSCS or however they may call it... designed to give the masses a false sense of security. I'll keep my PM's near to me TYVM, under my mattress so to speak.
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Hi @biebel36, I agree with you 100% even though the idea behind Glint is not a bad one. Holding your own PMs wherever you might put them gives you peace of mind and that is a very rare commodity. Even though I think the situation at Glint will sort itself out and clients will get all their money back it does not give one
peace of mind to know you can't access your money for a week.