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Holmes was only found guilty on 4 of 11 charges, totalling around $300m raised from investors. SBF is guilty on all counts of stealing 26 times more than that -
by jahewson 3y ago
Holmes was only found guilty on 4 of 11 charges, totalling around $300m raised from investors. SBF is guilty on all counts of stealing 26 times more than that - $8bn of his customers deposits.
- dragonwriter 3y agoThe loss amount calculated for Holmes was $120m; $381 million was the total investment amount, but not all of that valuation was due to fraud. While its a lot, its substantially less than where the table for loss amount tops out at $550 million, whereas it seems certain that SBF is going to top out the chart.