Goldman Sachs notes tied to Strategy set to pay just 22 cents on the dollar at maturity
MSTR’s July 24 close indicates a $217 return per $1,000 note, pending GS&Co.’s final calculation.
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Bitcoin is safe today, but signatures, software, custodians and users would need years to coordinate a defense.
Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination.
More than 380 investors supplied the funds, while court approval, penalties and any recovery remain unresolved.
Prosecutors say eight entities were used as investor funds moved through financial institutions and crypto exchanges, with new money repaying earlier investors.
Proposed trust changes would require no-less-than-quarterly cash distributions, creating a common cadence without fixing payout amounts or yield.
Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s operational role.