The Block analyst: If Bitfinex can't recover the frozen funds, it will take three years to recover $850 million.

On April 26, according to the recent alleged misappropriation of Tether funds by Bitfinex, The Block analyst Larry Cermak said, “According to my rough estimate, Bitfinex has a profit of about $250 million in 2018 and a profit of about $130 million in 2017. This means If Bitfinex is unable to recover the frozen funds, assuming their earnings remain relatively unchanged, they will take more than three years to recover the $850 million."