What crime was committed? I'm asking in a neutral way. Simply losing billions of dollars of other people's money isn't necessarily illegal.
im not sure either, but it sounds like the same situation as three arrows capital and those founders disappeared
yeah crypto deposits don't have the same protections as securities which is why you don't want to leave them in an exchange wallet. I'm going to guess somewhere in here there's enough for a fraud charge though. I don't know enough to explain why, but my hunch is he didn't lose all this money by going around and making honest mistakes.
He claimed literally days ago that funds were backed. That seems like fraud.