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When you’re talking about 8 billion dollars, it’s easy to lose sight of the fact that “a huge part of the shortfall was found” means that billions of dollars we
by matthewdgreen 3y ago
When you’re talking about 8 billion dollars, it’s easy to lose sight of the fact that “a huge part of the shortfall was found” means that billions of dollars weren’t.
- caturopath 3y agoThe claim seemed to me to be that very little money was found compared to the 8 billion dollars. That doesn't seem true.
- matthewdgreen 3y agoOne concrete claim I found is that many BTC holders might get paid back in USD at the then-price of the coin, which is ~$16K. Bitcoin is currently at ~$65K, which indicates that they could have lost up to 75% of the underlying coins. Just to be clear: this is not the same as being made whole.