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although details are a bit sketchy (washington post article is paywalled so i read some free sources), it seems that the massive rise in cyrpto prices has enabled the solvent liquidation.
so you could say
a) that's essentially luck and;
b) if the creditors still had their crypto assets, they'd be a lot more than 18% up.agree that on the face of it the sentence looks quite harsh, but otoh SBF played with a lot of fire and got quite burned.
ChasnotRobert
Lebowski
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