..Trust me whatever loses he is paying "from his own pocket" is not even 0.5% from his total net-worth.
So what do you think I have been hinting at all along?
Founders can definitely fund the entire amount from their pockets considering how rich Mohit Karla is.My point is,pay what people actually lost and not just try to look nice by paying something.
I thought your point was to be as coy as possible while telling me how puny my business brain is.. No? Okay.
This is news to me. I find it hard to believe that they raised so much money for an Indian exchange, that too, for an exchange that only dealt with Bitcoins initially. Sadly there is no way to authenticate such claims and no one cares enough.
This is one of their public crowd-funding rounds :
https://bnktothefuture.com/pitches/coinsecure Even there they did not cross the million mark. And this was when they were well established and quite popular already.
However, since I am not affiliated with them or anything, who knows what's been cooking behind the closed doors.