Ray is not arguing here that $23.6 quintillion dollars were lost. The first part of the quote clearly says the lost funds are estimated to be only $10B. He's s

Ray is not arguing here that $23.6 quintillion dollars were lost. The first part of the quote clearly says the lost funds are estimated to be only $10B. He's saying the claims total $23.6 quintillion, and while it sounds like a non sequitur, from the context it's clear that he's making a point about the effort to work through the claims. The next part of the quote is: The task of addressing filed claims and reducing them to their proper and 'allowed' amount is monumental. Mr. Bankman-Fried assumes this is a breeze. He is wrong, very wrong. I'm not a lawyer, but the effort required to address filed claims doesn't seem relevant to the question of loss, however.