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I wonder what the multiplier of real money to crypto money was. They say $400M was lost but if $10M of fiat was put in and the price goes 40x (because one guy w
by Jedi72 9y ago
I wonder what the multiplier of real money to crypto money was. They say $400M was lost but if $10M of fiat was put in and the price goes 40x (because one guy who threw in $50 cashed out at the high price) was there really $400M lost, or just the original $10M?
- jgalt212 9y agoan interesting point you raise. I read recently that practically 100% of the principal for Madoff ponzi schema was recovered. 0% of the fictitious gains, mind you, but 100% of the original money invested.
- Y7ZCQtNo39 9y agoAbout 73% of the principal has been recovered as of December 2017. [1] [1] https://www.bloomberg.com/news/articles/2017-12-18/madoff-victims-near-full-recovery-of-principal-with-new-payout https://www.bloomberg.com/news/articles/2017-12-18/madoff-vi...