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A comment on Wormhole confirms all $320M in funds have been restored. Parent comment

Re:Wormhole confirms all $320M in funds have been restored by nexuist on Thursday February 03, 2022 @02:03PM (#30197061)
Jump Trading Group isn't some rando crypto org, it's a legit hedge fund established in 1999. Supposedly it has at minimum $150M AUM[1] but because it's a private company nobody actually knows the real amount. We can predict that they probably have a few billion in cash lying around if they've been successfully trading for over 20 years. Jump Crypto, the group that bailed out Wormhole, is their crypto trading division.

[1] https://wallmine.com/fund/3mg/jump-trading-llc

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Re:Wormhole confirms all $320M in funds have been restored by joezydeco on Thursday February 03, 2022 @02:32PM (#30197553)
Jump is a black hole. I had a friend go there 20 years ago and haven't heard from him since. But he's got a lovely mansion on the North Shore.
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Re:Wormhole confirms all $320M in funds have been restored by chrisco255 on Thursday February 03, 2022 @07:19PM (#30201014)
$150M is 15% of a billion. Why would they have a few billion in cash if they only have $150M? Numbers seem off.
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Re:Wormhole confirms all $320M in funds have been restored by nexuist on Thursday February 03, 2022 @08:27PM (#30201628)
The numbers are off because it is a private company. They have $150M in disclosed assets, the true number may be magnitudes higher and probably is if the company can cough up $320M on a dime. Unless you have insider trading information there is no way to know Jump's real AUM.
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