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If I am reading this correctly what they did is utterly stupid. Since they knew that x% was to be released in BTC they could and should have purchased that as soon as they had the cash come in and left some for expenses and those which were always to receive dollars. No one would have questioned them buying the btc as dollars came in from settlement clawbacks etc. .. but alas if there is any way to shove it to the creditors they will find it.