BitForex founder’s $97M BTC long turns profitable after 3 months

Garrett Jin, the founder of fraudulent cryptocurrency exchange BitForex, has moved into profit on a 1,268 BTC long position worth $97 million that Jin has held for more than three months as Bitcoin rose, according to Lookonchain. The position at one point showed more than $22 million in unrealized losses, but is now recording more than $500,000 in unrealized gains.