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The figure "$40B" is bandied about uncritically in the press, but I gather this is the highest notional market cap of Terra/Luna, not a reflection of actual money (fiat) put in?

By contrast, SBF of FTX fame was convicted of stealing $8.7B and ordered to restitute the amount to investors in USD.

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I still remember Do running away from FTX right after meeting with SBF, a few days before it fell apart. That was before the "a $4.55 billion settlement that he and Terraform reached with the U.S. Securities and Exchange Commission.". The $40 billys is the losses due to fluctuation in value.

It's possible they are pressuring him to release information on crypto holdings that were transacted with Iran and other sanctioned entities.

Ok? And? If you rob a bank and walk out with $10k you’re facing 15+ years in prison. If the number is “Only” $1b he should spend the rest of his life in prison.

How about the death sentence if it exceeds a certain number of victims or dollar amount?

Executing these fools might act as a deterrent.

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