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    Author Topic: When will Sam Bankman-Fried go to jail?  (Read 2496 times)
    franky1
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    January 28, 2023, 12:36:04 PM
     #221

    when they say "$8billion"
    i feel his is not 8bill of real asset like btc.
    but instead like a co-mingled total of just 20k btc($460m @$23k/coin)
    and 7.5billion of the fictitious value of FTT pump token

    which was a 320million circulation token that got pumped to at one point $100/ftt
    to make it appear as FTC was valued at $32bill
    where if only 25% of tokens sold(combined) would have a faked value of ~$7.5bill at its ATH

    however this is fake value after all. not the purchase price everyone paid for the token on the days they deposited.

    thus this 'users lost X' amount will shrink when calculating how much they actually deposited. rather than how much users think they are owed based on an ATH temporary event

    i do not think the court would even take a market price date of oct31st as a valid 'last open value' of the tokens(under $2b)
    i feel the number would be far less

    however still showing as over $500m in total of all asset types and losses to give SBF a high prison time rating number

    unless SBF can repay down that amount to a way way way lower number (paying off most of the debt) to save himself from decades in prison

    I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
    Please do your own research & respect what is written here as both researched opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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