Because it was the easiest way I assume. I mean look at it from his point of view, he probably doesn't give a shit about Bitcoin, he has obligations to produce this and that amount of fiat money by this or that date and he did it in the simplest way possible. He's doing the job he was hired to do.
If the market can't handle someone dumping a few hundred thousand Bitcoin then maybe the whole thing wasn't meant to be.
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