The time frame for the possibility of that information to be made public is beyond my control. If it was down to me it would have been made public a long time before I got involved.
Who has control? 
Topic: [BitFunder] Moving Forward/Resolution Process - page 63. (Read 292200 times)
The time frame for the possibility of that information to be made public is beyond my control. If it was down to me it would have been made public a long time before I got involved.
When it is POSSIBLE to release the full information as to what happened, that information will be posted and many on here will quickly become quiet. Has no one given it the thought that by revealing too much information could result in a decreased chance of getting those coins back?
When will this be or what are the requirements for this to come? What is the situation with BF AsicMiner PT's. Why are they not transfered to direct shares yet?
Please do send lawyers after me, I have no liability to missing coins and my time is expensive, I am the one trying to get people their coins back. Like I have said before if you don't want that I am happy to not worry about certain individuals. More than happy to do that considering the attitude some people have towards me on here.
When it is POSSIBLE to release the full information as to what happened, that information will be posted and many on here will quickly become quiet. Has no one given it the thought that by revealing too much information could result in a decreased chance of getting those coins back?
The reason why the coins will be available for withdrawal to your own wallets on Monday is down to the precaution of making sure the remaining funds don't go missing too!
When it is POSSIBLE to release the full information as to what happened, that information will be posted and many on here will quickly become quiet. Has no one given it the thought that by revealing too much information could result in a decreased chance of getting those coins back?
The reason why the coins will be available for withdrawal to your own wallets on Monday is down to the precaution of making sure the remaining funds don't go missing too!
As was announced earlier, most of the coins that were stored in WeExchange.co are now gone. We are still limited in what we can share about how that happened, and what is being done about it, but we do have some updates.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
The proportional withdrawal looks good on the first glance. But it should be considered more carefully because not every balance to be returned is of the same type of risk:
1. Coin which was deposited after "the accident". This coin should be paid back first as it should not be used to repay other debt from before the accident!
2. Coin which was deposited before "the accident". This coin should be paid after the returned coin from the above point.
3. Coin which comes from selling Ukyo.loan. This coin should be paid the last. I am stressing on this matter since ukyo.loan shareholders in my opinion should be the most affected group as they were paid for risk taken while regular deposits were supposed to be risk-free. Treating regular deposits the same way as balances coming from closing ukyo.loan would not be fair!
This proposed order of resolution depends of course on type of the "accident". Since we don't know exactly what happened You must be the judge on that matter.
No.
Ukyo.loan was a risk-free investment, just like deposited money in bitfunder or weexchange . They should all paid back proportionally at the same rate. The only way ukyo can get out of paying them would be to declare bankruptcy. Otherwise it is fraud.
I think we can agree on 1 but 2 and 3 are debatable
As was announced earlier, most of the coins that were stored in WeExchange.co are now gone. We are still limited in what we can share about how that happened, and what is being done about it, but we do have some updates.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
The proportional withdrawal looks good on the first glance. But it should be considered more carefully because not every balance to be returned is of the same type of risk:
1. Coin which was deposited after "the accident". This coin should be paid back first as it should not be used to repay other debt from before the accident!
2. Coin which was deposited before "the accident". This coin should be paid after the returned coin from the above point.
3. Coin which comes from selling Ukyo.loan. This coin should be paid the last. I am stressing on this matter since ukyo.loan shareholders in my opinion should be the most affected group as they were paid for risk taken while regular deposits were supposed to be risk-free. Treating regular deposits the same way as balances coming from closing ukyo.loan would not be fair!
This proposed order of resolution depends of course on type of the "accident". Since we don't know exactly what happened You must be the judge on that matter.
No.
Ukyo.loan was a risk-free investment, just like deposited money in bitfunder or weexchange . They should all paid back proportionally at the same rate. The only way ukyo can get out of paying them would be to declare bankruptcy. Otherwise it is fraud.
Option 1: Get my BTC back.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
Dont forget to put your name on the lawsuit so they can arrest you too.
I apologize. I was very mad when I wrote those and didn't think of the consequences.
@crumbs, I think you are right. If it turns out to be a lawsuit, I think we should not only against Ukyo but also Danny. Because he's person who tried to help Ukyo escape from this, a accomplice?
...
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
"I am your friendly bitcoin banker and I am here to help you."
-pirateat40
-TradeFortress
-Ukyo
-Danny
I know Danny personally and I know that he is a well-intentioned person. How can you compare Danny to someone like pirate? ...
Just like i did above. Each one of those people was known and rabidly defended by the community -- way past the point when it was obvious to everyone that they have been scammed.
If a scam doesn't seem 100% legit, it's simply a shitty scam.
pirate was only 'known and defended' by the community who knew him on the internet - nobody claimed to know him in RL or else the FBI wouldn't take so long to find him. If you really think NEO-BEE is a scam I would suggest you sell your shares (which you probably already did) and leave this discussion, many people already blocked you for the same reason: you keep alleging and pointing fingers at someone for something that didn't happen and that they didn't do and have no intention to do.
If you have BTC tied up in BF and WeEx would you rather try to recover them yourself or would have someone help find a solution? And if you want help to find a solution, why blame the person trying to help?
I'm gonna make a mock scenario to emphasize my point: Josh is a homeless man in New York. Sam is a random passerby who wants to get some money for Josh to feed him and he promises him that he will come on Monday with $100. Instead, he shows up with $80 on Tuesday. Does Josh have the right to be angry at Sam, or will he show him deep appreciation to him?
First, you are wrong. Many users have personally met pirateat40, his identity was well known. It still is. Just to keep this factual.
Regarding hypothetical scenarios: Danny is not a random passer-by either to those invested in his bank or to the scammed WeEx users, who delayed taking legal action due to Danny's promise that Neo & Bee is working to resolve the matter & everyone should sit tight.
So the more fitting hypothetical here is Josh being robbed, and Danny telling him "cops won't get your money back. I'm friends with the d00d who robbed you & will get it back for you."
As you can see, not only does Josh have the right to be angry at Danny but Danny is fully implicated and legally liable.
Hope i have cleared things up for you.
...
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
"I am your friendly bitcoin banker and I am here to help you."
-pirateat40
-TradeFortress
-Ukyo
-Danny
I know Danny personally and I know that he is a well-intentioned person. How can you compare Danny to someone like pirate? ...
Just like i did above. Each one of those people was known and rabidly defended by the community -- way past the point when it was obvious to everyone that they have been scammed.
If a scam doesn't seem 100% legit, it's simply a shitty scam.
pirate was only 'known and defended' by the community who knew him on the internet - nobody claimed to know him in RL or else the FBI wouldn't take so long to find him. If you really think NEO-BEE is a scam I would suggest you sell your shares (which you probably already did) and leave this discussion, many people already blocked you for the same reason: you keep alleging and pointing fingers at someone for something that didn't happen and that they didn't do and have no intention to do.
If you have BTC tied up in BF and WeEx would you rather try to recover them yourself or would have someone help find a solution? And if you want help to find a solution, why blame the person trying to help?
I'm gonna make a mock scenario to emphasize my point: Josh is a homeless man in New York. Sam is a random passerby who wants to get some money for Josh to feed him and he promises him that he will come on Monday with $100. Instead, he shows up with $80 on Tuesday. Does Josh have the right to be angry at Sam, or will he show him deep appreciation to him?
...
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
"I am your friendly bitcoin banker and I am here to help you."
-pirateat40
-TradeFortress
-Ukyo
-Danny
I know Danny personally and I know that he is a well-intentioned person. How can you compare Danny to someone like pirate? ...
Just like i did above. Each one of those people was known and rabidly defended by the community -- way past the point when it was obvious to everyone that they have been scammed.
If a scam doesn't seem 100% legit, it's simply a shitty scam.
I have few bitcoin stuck at weex too and haven't posted at lophie's thread. I'm sure there are a lot of others too. The total could 2,000BTC or more.
I guess we'll see later. Notice that next Monday we'll get instructions, not refunds. Refunds will probably happen much later.
I guess we'll see later. Notice that next Monday we'll get instructions, not refunds. Refunds will probably happen much later.
As was announced earlier, most of the coins that were stored in WeExchange.co are now gone. We are still limited in what we can share about how that happened, and what is being done about it, but we do have some updates.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.
All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.
Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.
This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.
The proportional withdrawal looks good on the first glance. But it should be considered more carefully because not every balance to be returned is of the same type of risk:
1. Coin which was deposited after "the accident". This coin should be paid back first as it should not be used to repay other debt from before the accident!
2. Coin which was deposited before "the accident". This coin should be paid after the returned coin from the above point.
3. Coin which comes from selling Ukyo.loan. This coin should be paid the last. I am stressing on this matter since ukyo.loan shareholders in my opinion should be the most affected group as they were paid for risk taken while regular deposits were supposed to be risk-free. Treating regular deposits the same way as balances coming from closing ukyo.loan would not be fair!
This proposed order of resolution depends of course on type of the "accident". Since we don't know exactly what happened You must be the judge on that matter.
...
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
"I am your friendly bitcoin banker and I am here to help you."
-pirateat40
-TradeFortress
-Ukyo
-Danny
I know Danny personally and I know that he is a well-intentioned person. How can you compare Danny to someone like pirate? Danny is running a legitimate business which has been properly registered with employees working for him and a government supporting him. No one knew pirate's identity until recently and he was running an obvious pyramid scheme.
EDIT: Andreas M. Antonopoulos works for NEO. I don't think that an established person in the Bitcoin Community like him would ever chose to associate let alone work for an organization or a person who is a 'scammer'
...
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
"I am your friendly bitcoin banker and I am here to help you."
-pirateat40
-TradeFortress
-Ukyo
-Danny
There is always an angle. Maybe Jon sold his soul to NEO-BEE
Nearly NO information.
Not even what they promised, that some coins would start being distributed TONIGHT (now).
This is bullshit. Utter, utter bullshit.
Going on HavelockInvestments.com right now to sell half my Neo & Bee shares. Watch the price go down.
Not even what they promised, that some coins would start being distributed TONIGHT (now).
This is bullshit. Utter, utter bullshit.
Going on HavelockInvestments.com right now to sell half my Neo & Bee shares. Watch the price go down.
Mate, you have every single right to be mad at Ukyo. If I was in your position, even if I knew that it was not his fault, I would be mad at him because at the end of the day he was the person in charge.
NEO-BEE, and more specifically Danny, did not take any part into Bitfunder and WeEx's collapse in any way. In fact, he has offered to help everyone recover their BTC back. We might not know what he is doing, but he is being a good guy and is helping people who lost their money on BF and WeEx. Even if he was late on some announcements and he is being too vague (which as he has stated he is legally not allowed to talk about anyway), he has done absolutely nothing that had a negative effect on BF and WeEx. Not only that, but Danny had also absolutely NO obligation to help anyone recover their BTC however from what I have seen, even though he is opening NEO-BEE in a few months and their are a lot of things to be done, he is still working his ass off to help people recover their lost BTC. I find the fact that people rage at him really disrespectful.
So people, get your facts straight before raging at people that are trying to voluntarily help ease the situation.
At least on Monday we'll know the total amount Ukyo owes [to weex users], based on the percentage payout that we receive. It might be pretty staggering (I'm assuming much more than the $2mil from lophies thread)
Option 1: Get my BTC back.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
Dont forget to put your name on the lawsuit so they can arrest you too.
Option 1: Get my BTC back.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
Option 2: Hire a lawyer and get my BTC back.
Option 3: Hire someone beat the shit out of Jon Montroll and get my BTC back.
Please PM me Jon's address and his family info, thanks.
A couple of questions:
1) What is the total amount of outstanding WeExchange balances? In other words, what percentage of the coins owed is that 386 btc?
1) What is the total amount of outstanding WeExchange balances? In other words, what percentage of the coins owed is that 386 btc?
For what its reported here: https://bitcointalksearch.org/topic/the-94-con-by-jon-montroll-337523 it should be ~30% of total coins. Not bad for now I guess.
It's more out there, but it's not yet updated by lophie... also, I guess not everyone reported there. :-{}
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