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Well... you get back what it was worth when things collapsed, not what you would have had if you had held the same asset to today. That's foregoing further pro
by AnimalMuppet 3y ago
Well... you get back what it was worth when things collapsed, not what you would have had if you had held the same asset to today. That's foregoing further profit that you could have made in a hypothetical universe.
On the other hand, they're probably using the large run-up in crypto since then to cover for the fact that they didn't recover all the assets. If they recovered one third of the crypto, but crypto is now worth three times as much, then they can make it look equitable in dollars. Or, they could not bother, and just say, "we only recovered a third of the assets; here's your pro-rated piece".