Yup, a lot of people lost money due to him.
I guess he did learn a lesson, don't shoot your mouth off regarding how rich you are or how poor everyone else is.
Anyhow, every algo-stablecoin project he has run has turned into utter failure. I guess the money he gets is just too good to give up the ponzi.
I first knew he was in big trouble when he made that one video post on Youtube how he was deploying the reserves and it was an 'attack', and specified names.
You could clearly see he was sweating bullets. That fact alone only made observant people even more suspicious it wasn't fixable at that point.