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by dustcoin 4284 days ago
The complaint implies that he lost 64k BTC trading. Based on my observations of pirateat40's behavior and personality during the time he ran the scam, this is a much more likely outcome than him secretly holding on to a large number of BTC. In my opinion, Pirate manipulated the market to feed his own ego, not to make a profit, and incurred large losses buying high to raise the price and selling low to drop it.