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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 ludamad on Thursday February 03, 2022 @02:53PM (#30197845)
You overcomplicate things. There is plenty of liquidity to sell 120k eth; the opportunity cost of doing this is near $300 million
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Re:Wormhole confirms all $320M in funds have been restored by antocv on Thursday February 03, 2022 @03:26PM (#30198299)
2 days ago Jump had 93 000 ETH, today they do not have 93 000 ETH.

By casting a spell, today they also have 93 000 extra ETH. They are saving some of their potions for later time to cast wider spells.

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Re:Wormhole confirms all $320M in funds have been restored by ludamad on Thursday February 03, 2022 @04:11PM (#30198906)
Your spell metaphor doesn't serve you being this handwavey. What are you even saying happened on the ethereum blockchain during this?
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Re:Wormhole confirms all $320M in funds have been restored by antocv on Friday February 04, 2022 @02:47AM (#30203962)
On ETH blockchain a transaction was confirmed, the transaction which moved 93 000ETH from Jumps account into hackers account.

Jump has stated they now still have 93 000ETH since they wish it it is so.

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Re:Wormhole confirms all $320M in funds have been restored by im_down_w_otp on Thursday February 03, 2022 @05:22PM (#30199861)
The point I'm making is that this says absolutely nothing about their ability to eat a $320M loss because they didn't eat a $320M loss if what they put up was ETH because they can't transact in ETH, they don't fund their operations in ETH, they don't pay their LPs returns in ETH, etc. etc. etc.

It might well be that they can eat a $320M loss on the regular, but if so, this situation isn't any kind of indicator of it.

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