> because saying "your are bankrupt" or actually declaring bankruptcy means permanently broke and living in public housing or under a bridge
Mr. Shrem has "not paid the government $950,000 in restitution that he agreed to as part of his 2014 guilty plea" [1]. It's reasonable to expect him to not be purchasing "two Maseratis, two powerboats — one of them 32 feet long — and a $2 million house in Florida" while simultaneously launching "various partnerships...that had to give money back to investors" just a year out of jail.
Mr. Shrem has "not paid the government $950,000 in restitution that he agreed to as part of his 2014 guilty plea" [1]. It's reasonable to expect him to not be purchasing "two Maseratis, two powerboats — one of them 32 feet long — and a $2 million house in Florida" while simultaneously launching "various partnerships...that had to give money back to investors" just a year out of jail.
[1] https://www.nytimes.com/2018/11/02/technology/bitcoin-charli...