1.4 million bits = BTC1.4 right?
Damn.
Do you think they're saying they only have BTC1.4
Right, 1 million bits = 1 BTC.
But, from their FAQ:
Where are the house bankroll funds held?
The house bankroll funds will sit in a multi-sig wallet held in cold storage and managed by the Monster Byte team. The address is auditable and can be verified to show proof of reserves.
The address they gave starts with a 1. It's a pre-segwit P2PKH address, not a "multi-sig wallet". So that 1.4 BTC they proved ownership of doesn't include the house bankroll funds, because as stated they wouldn't be in a '1' address. What is the bankroll multi-sig address? Why wouldn't they publish that and show proof of ownership?
Edit:
https://www.moneypot.com/user/invest/btc says:
Site Bankroll
1,353,309 bits
so maybe that 1.4 BTC they showed us does include the site bankroll, and the FAQ is inaccurate.