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That may help to motivate the remaining fund managers, but turning performance round takes time.
Advisers Hargreaves Lansdown say that for anyone who dies under the age of 75, "any beneficiary can inherit some or all of your remaining fund, tax-free.
If you die after the age of 55, any beneficiary can inherit some or all of your remaining fund as a lump sum.
"Transferring into a self-invested personal pension could mean the individual could receive a completely flexible income and their children could receive the remaining fund value at their death," Mr Smith said.
The most important benefit is flexibility and control – at any point you can stop drawdown and buy an annuity – and if you die during drawdown, the remaining fund is passed on to your heirs (minus 55 per cent tax).
Remaining fund holders get slapped with the cap gains tax from the sale.
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He gave away the remaining funds to Bitcoin newcomers.
When the remaining funds would become available was unclear.
He had spoken to donors, and they had expressed interest in pledging the remaining funds.
The remaining funds are to be distributed to the other eight plaintiffs.
It is now looking to finish the project with its remaining funds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com