The story of Star Citizen's inevitable failure progresses apace. Despite claims of transparency, most of the company's financials have remained a secret, at least in the US. This is one reason why, for example, people didn't know a project that drew over 150 million dollars in crowdfunding had taken out loans. Derek Smart has the scoop here. "But businesses take out loans all the time!" Those businesses don't do crowdfunding. They also have products to actually sell. CIG's finances are built entirely on crowdfunding and investment. That's their only income. So that's where the loan repayments are coming from, by the way. Take another view of what that entails. New capital is being chased, constantly, to pay off obligations to old capital while no actual revenue is generated. That's the very definition of a Ponzi scheme. It may not have started that way but it is one now. Now they've taken out a loan (they can't take out more, as per the agreement of said loan) that's in first position and put everything up as collateral which means that in the inevitable bankruptcy proceeding the bank gets everything. Backers and investors are about to get screwed. So it's a Ponzi scheme in endgame. I cannot say this strongly enough to anyone who has money in this project and happens to be reading this. Get it out. Now. No, they do not have the right to withhold it, especially if you backed before they revised the terms.