Comment Comment by josaka Customers with assets in custodial accounts of an exchange that goes bankrupt are likely general unsecured creditors, and the assets are probably property of the bankruptcy estate. https://www.creditslips.org/creditslips/2022/02/what-happens...This means that, in the line of people to get paid out of those assets, you're not even at the front. Custodial accounts leave you with little protection. parent josaka 4 years ago
This means that, in the line of people to get paid out of those assets, you're not even at the front. Custodial accounts leave you with little protection.