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Voorhees agreed to settle the SEC’s charges by paying full disgorgement of the $15,843.98 in profits plus a $35,000 penalty for a total of more than $50
by dustcoin 12y ago
Voorhees agreed to settle the SEC’s charges by paying full
disgorgement of the $15,843.98 in profits plus a $35,000
penalty for a total of more than $50,000.
Voorhees later sold S.DICE for 126k BTC ($12.4M at the time). Sounds like a good deal.
- citricsquid 12y agoHe did not own the majority of S.DICE and he lost 550 BTC (>10% of his holdings) when MtGox fell apart, he's certainly well off but he is far from 8 figure rich. http://www.reddit.com/r/Bitcoin/comments/1yx2t5/erik_voorhees_on_bloomberg_tv/cfoktr8 http://www.reddit.com/r/Bitcoin/comments/1yx2t5/erik_voorhee... http://www.reddit.com/r/Bitcoin/comments/1yv6ph/some_words_for_my_friends/ http://www.reddit.com/r/Bitcoin/comments/1yv6ph/some_words_f...
- gnaritas 12y agoMaybe, but it certainly appears he's 7 figure rich which still ain't bad.