News for hackers. Stuff that matters.
Re:Hetzner is terminating contracts with all users who had a... by babelthuap on Friday December 08, 2023 @08:51AM (#38569008)
Much sympathy. My spouse had a 401K with a portion of it in "Mediterranean assets". She got a letter saying those were Russian assets in reality. All gone, sorry.

It however worked out better by default. She was so infuriated she closed the 401K and bought an investment property which we work on together. I haven't seen her this excited in a while. We work on the property on the weekend together.

Re:Hetzner is terminating contracts with all users who had a... by jacquesm on Friday December 08, 2023 @09:04AM (#38569153)
Ouch, that sucks. But you may well have cause to go after whoever sold you that bill of goods. Props to you for how you handled it, I hope it wasn't too much money. Over the years I've become more and more conservative as an investor, in part on account of stories like yours. If it's a REIT I want to see an assets list. Note that the fact that it is 'all gone' may well be an indication that you are being defrauded, it's not 'gone' nor is the asset manager off the hook. So I'd definitely look into recovery options and if you are the only one or one of a few to do that there is some chance you'll see some of your money back. Best of luck!!
Re:Hetzner is terminating contracts with all users who had a... by walterbell on Friday December 08, 2023 @09:20AM (#38569338)
Some assets were traded by US buyers in 2022, https://markets.businessinsider.com/news/bonds/russian-bonds...
Re:Hetzner is terminating contracts with all users who had a... by fred_is_fred on Friday December 08, 2023 @09:17AM (#38569305)
So you paid taxes and a penalty to rage quit because your spouse picked a bad fund in her account?