One report I read stated that he had like 14 BTC in the treasury. It was supposed to be 50-100K. He was selling them as soon as customers deposited and using that to prop up his shitcoins.
He evidently was buying GBTC with his cash in bank (perhaps he thought this was good enough hedge??).
One report I read stated that he had like 14 BTC in the treasury. It was supposed to be 50-100K. He was selling them as soon as customers deposited and using that to prop up his shitcoins.
He evidently was buying GBTC with his cash in bank (perhaps he thought this was good enough hedge??).
Ideally he should be sentenced for 40-50 years.
GBTC outflows
Large part of it is restitution and bankruptcy
Yup! I was an idiot who had staked sats in Gemini earn. Never again
I know people who staked in Celsius, blockfi and voyager
We can only hope he gets at least that much!
Finally