alt Hacker NewsHe knows what he's doing.
It's to drive FOMO for investors. He needs tens of billions of capital and is trying to scare them into not looking at his balance sheet before investing. It's reckless, and is soaking up capital that could have gone towards more legitimate investments.
Yes, this is probably the piece I am not realizing. However, there is no better approach to getting more capital than by scaring people?