Actually, I meant the total amount that was talked about, and it was specifically mentioned by the OP in this
thread, where the link actually comes from. Generally speaking, at the beginning of the year there was talk of about $10 billion, now it is a little more than $7 billion, and I honestly doubt that this is the last amount that will be talked about.
Getting confusing, not that it matters anymore but my understating of this mess before was like this
- somewhere between 7-11 billion claimed to have been lost when FTX when insolvent
- 5 billion recovered by January
- 7.3 total recovered by now
But I guess all those numbers are irrelevant, since even the reimbursement (if one) will take more into account the value then and the value now, and how the trustee (again, if one appointed) will decide how this will be made, coins or fiat!
~
Maybe they would do it if they were able to take such a step, but most people who invest in Bitcoin for one reason or another do not understand it more than a number that shows the current value.
Speaking of, I've never managed to get any info on how many
BTC were there, all news all report lump the sum in one, I'm really curious about this, wonder if it's at least 20% BTC and less than 80% shitcoins.
Those are all the questions that I would like to see answered as well, but even if a trustee decides to handle the situation to the customers' disadvantage, is that immediately set in stone? I can see a lot of customers defend themselves if that happens.
Also how is it even possible that magically another $2.3 billion are discovered? I mean it can't be the case that they found another hard drive that SBF didn't know about a caboom, there are another $2.3 billion. I think it is more of an accounting thing. It would make sense because the market grew quite a bit and they would simply update the numbers and say that by now the recovered amount is bigger than it was in January.
If it's a lot of shit coins the trustee would never be able to turn those into $7.3 billion in cash. He would crash every single shit coin market and as soon as it is publicly known which coins are mostly affected, other market participants will consider their next move as well if they know that lots of a coin they might be holding could soon be liquidated.