Re:Sam Bankman-Fried sentenced to 25 years in prison
by caturopath on Friday March 29, 2024 @12:05PM
(#39865681)
The claim seemed to me to be that very little money was found compared to the 8 billion dollars. That doesn't seem true.
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Re:Sam Bankman-Fried sentenced to 25 years in prison
by matthewdgreen on Wednesday April 03, 2024 @02:47PM
(#39921385)
One concrete claim I found is that many BTC holders might get paid back in USD at the then-price of the coin, which is ~$16K. Bitcoin is currently at ~$65K, which indicates that they could have lost up to 75% of the underlying coins. Just to be clear: this is not the same as being made whole.