Aug 10 08:10:41 mainly because the 15,500 coins I hold on deposit are not invest in BS&T
If you lend me $1, and I haven't done anything with it, then I still hold that $1 that was deposited. But If I lend that $1 to someone else, I no longer can say that I hold $1 on deposit.
You don't say that you hold a deposit when you no longer hold those funds and instead have turned around and lent those funds out.
You might make the argument that Patrick made a mistake and used the wrong words (versus intentionally trying to deceive).
The issue in this case is that both Patrick and those who loaned him money made precisely the same mistake,
Nobody else but Patrick is "on trial" here though.