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A comment on Founder of crypto lender Celsius Network arrested, charged with fraud. Parent comment

Re:Founder of crypto lender Celsius Network arrested, charge... by jowea on Friday July 14, 2023 @07:34AM (#36722399)
I'm not up on all the details of the situation, but "after creditors and investors" means $0, right? Why is a fine getting less priority than investors? Isn't that a moral hazard?
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Re:Founder of crypto lender Celsius Network arrested, charge... by toomuchtodo on Friday July 14, 2023 @10:15AM (#36724326)
Fine is less priority than investors because the government doesn't want to be taking recourse from those harmed.
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Re:Founder of crypto lender Celsius Network arrested, charge... by jowea on Friday July 14, 2023 @10:44AM (#36724731)
I went looking a little more, the FTC itself says something quite different, unless CNBC is calling the clients "investors".

> The companies also agreed to a judgment of $4.7 billion, which will be suspended to permit Celsius to return its remaining assets to consumers in bankruptcy proceedings.

https://www.ftc.gov/news-events/news/press-releases/2023/07/...

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