Dude, that is a value of $33 Million seemingly just wiped off the books. And as the value of bitcoin grows, the lost value to shareholders grows. This is a matter of fraud. I'm rather curious to see the reaction of some who seem to think it's not much of an issue. Do you have any idea how long it would take CCTL to recover 576 bitcoin by mining from scratch, considering they mine about 3 bitcoin a year??
That kind of value will not be recovered unless Pillsworth gets off his ass and starts the legal proceedings to recover the bitcoin.
But I say again...if Tom hasn't already started court proceedings against Schaefer, as he hasn't, then that calls into question Tom's motives here.
It would seem that both Bill and Tom are in this together.
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