"The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed. "
"The round combined with Sky Mavis balance sheet funds, will be used to ensure that all users affected by the Ronin Validator Hack will be reimbursed. "
rē″ĭm-bûrs′
transitive verb
To repay (money spent); refund.
To pay back or compensate (another party) for money spent or losses incurred.
To replace in a treasury or purse, as an equivalent for what has been taken, lost, or expended; to refund; to pay back; to restore.
Its unclear if it does according to this definition. I could see it either way.
Maybe they turn around and don’t do it but that sounds like all.
No, it's unambiguous. "All of our users' lost funds" doesn't imply "But not all of the funds". Nor can it mean "But not all of the users".
The meaning of their statement is clear, unless they're going ridiculous and disputing definitions, such as: What are "funds", or Who is a "user"
But whether it's possible for them to honor that promise? Seems doubtful.
I find it very hard to believe that they can promptly conjure up over half a billion dollars to refund their users. Firstly because I'd ask: what were they doing with that excess capital before?
edit: Although "committed to" does not mean "anytime soon"! Perhaps they plan to issue a token of some kind, and pray they can keep going and gradually make the users whole?