But if he staves off paying people for 2 whole weeks he will create even more FUD, and be able to buy back all the panic bond sellers for practically nothing! Then he can easily pay all the accounts back and profit even more, and still keep his "see I paid everyone!" reputation.
Buying the panic bonds doesn't help, because thats a third-party taking the haircut. The pass-through operator still expects to get paid in full.
yea, and really funny that glbse is down currently. they would probably be doing record bond trading in the next several days.
But he can still pay 1 operator fully back at a time, get a large portion of the payment back, then do the next, etc.
True, that is a possibility. Easier said than done because others can front-run him and, in any case, he would still fall short long before fully paying the last pass-through (unless he actually generated some profits).
Yeah you're right...I wouldn't attempt this unless I had the full amount to pay everyone back anyway, and just wanted to cash out in style. He never really seemed like the ultra risky type tbh, but well you know.
