yes
I'm confused
How can he be out of $60 if he gave 4 people $25? That sounds like he gave people a refund for what he got his refund for, but the profit ($60) was already spent, probably on a game and he doesn't want to give up his own money since he can't get a refund for the game. If true, saying he's out of $60 isn't exactly right, he has that $60 in the form of a game or whatever he spent it on.
[This is speculation, I don't know the whole story, that's just what it looks like to me]
He probably paid $15 each for the codes he was selling for $35. He couldn't get a refund for the $60 he paid so he's holding $10 back from everyone else.
Pretty scummy. If you're buying keys from another site than selling them at over 100% mark up, it's on you if it all falls apart. You should be refunding people the full price they paid you.