Recently, someone in the community dug up an old photo, bringing back a long-buried story. I remember hearing about this back then and thought it had been resolved long ago. But judging by the recent responses, it seems this debt is still outstanding.

What is it about? A Bitcoin loan. 1,500 BTC were lent out, which, at today’s prices, is $135 million. In traditional finance, that would be a sky-high debt. Even if the borrowing company does go public, that hole won’t be easy to fill.

What’s interesting is that the lender is now taking the official route, and their company’s development seems quite steady. Otherwise, according to the early “code of the crypto world,” this might have ended very differently. 1,500 BTC—anyone would feel the pain. When this debt will be settled is anyone’s guess. Looks like we’ll have to keep watching.