News for hackers. Stuff that matters.

A comment on Elon’s Out. Parent comment

Re:Elon’s Out by daenz on Saturday July 09, 2022 @08:02PM (#32040533)
>due to the primary owner selling it

We were talking about the courts seizing the assets though, it's not being voluntarily sold.

[ Parent | on HN ]
Re:Elon’s Out by cycomanic on Saturday July 09, 2022 @08:47PM (#32040793)
Why would that make a difference. When someone defaults on a house/car the seized asset is often sold under value, nobody has any ground to sue.
[ Parent | on HN ]
Re:Elon’s Out by daenz on Saturday July 09, 2022 @10:37PM (#32041343)
If someone's car is seized by the government, it doesn't cause the value of everyone else's cars to drop by 50%, and if it did, I think people would sue the the government.
[ Parent | on HN ]