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That simplifies things a bit...i seem to remember that if the investments had been in crypto assets as had been promised, customers would be well ahead, instead they've got their money back at the value they invested...situation could have been v different if the crypto market had tanked during this period.
Gustav
It seems that Sam Bankman-Fried's victims haven't lost any money. In fact the bankruptcy proceedings recovered much more than the $8.7 billion which the creditors were owed. And he's got a 25 year sentence with no possibility of parole. He's being punished for risking other people's money without permission, but the risks paid off rather handsomely. https://www.washingtonpost.com/opinions/interactive/2024/sam-bankman-fried-michael-lewis-ftx/?itid=hp_opinions_p002_f001