Post
Topic
Board Bitcoin Discussion
Re: Craig Wright's lawsuit against Kraken
by
NotATether
on 23/11/2022, 14:12:02 UTC
his investors  have the money. they have billions. and paying just $2m on a court case to them is just a rounding error.

the promises he makes to them is that he will earn them ROI in many ways. including hopeful future movie deals where he thinks ticket sales would return hundreds of millions.

This sounds like a balloon to me. And if FTX could pop just like that, I don't see how a black swan event can't take down CSW & his lawsuits. We don't know what kind of event that will be, only of its existence.