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Comment by topmonk | Hacker News Reader

A happy result for all involved. Karpeles was appropriately punished and all investors are being made whole. Most bankruptcies don't end that way.

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I'm not being made whole. All investors that found out in time about the recovery process are being made whole; the rest of us - who haven't applied - are left with nothing.

I'm still out plenty of money thanks to Karpeles that I'll never see again. Not a happy result for me, sorry, no.

Same, not counting the money I lost due to his scam trading bot that was front running the market. I think 5 years would be a light sentence here.

I'm out of the loop, why do you say he was front-running the market?

EDIT: I found https://twitter.com/grace_za/status/1016688636304265216

You don’t consider your own lack of caution to be a component in this loss?

That is irrelevant offtopic. Just because it is possible to figure out fraud does not make it any less fraud.

I said being made whole. Justice takes time.

In this case it will probably tend to infinity.

Why do you say that? They have $630 million in BTC tied up right now.

Not quite. Creditors get back all the fiat which was on their account. But they will not get a full refund of BTC. There's just not enough to distribute.

Also it's all in the future. The distribution had not happened yet and many details have not been published.

Yes, but, would all the people who deposited BTC realistically would have not cashed out before now? Most likely a lot would have cashed out after a 2x or 3x return on their investment.

They are really lucky as it is.

The decision was made solely by the trustee for all the benefit but yet people call him the Tokyo whale who crashed the market in 2018. (Which is BS considering it was about to explode anyway when the price went up 20x.)

Really?, they still have about .5 Bitcoin of mine

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