Chris Christensen is the founder and former CEO of a Bellevue real estate investment firm, iCap, which is currently under scrutiny. The firm, founded in 2011, started facing legal issues after investors took them to court due to repayment issues. The restructuring company Paladin and investor attorneys are calling for iCap to be recognized by the court as a Ponzi scheme. The bankruptcy process has uncovered that iCap owes a staggering $250 million to approximately 1,800 investors. Most of iCap's income in the past five years came from roping in new investors, rather than actual profits from its supposed real estate projects. Chris Christensen stepped down from his position in September last year and strongly disputes the allegation that iCap operated as a Ponzi scheme. His counter-evidence is yet to be presented in court. The outcome for the hundreds of investors who were promised secure investments in Seattle's booming real estate market remains uncertain. The bankruptcy process, coupled with ongoing litigation, aims to discern whether investors can hope to regain even a portion of their funds. With legal actions potentially mounting against Christensen and related entities, the road to restitution is fraught - and justice is still far from certain.