Another Bitcoin casino is going to get all the players and repay their debt.
What is left of Casinobit is being sold to new owners (which is essentially the domain name), they will repay the remaining investors.
A list of debt will be processed and put publicly.
I am not an investor, but I don't understand your statement regarding defaults. Do you mean (originally invested)-(withdrawn)>0 (i.e. all outstanding investments)?
I think the most equitable way to do it would be to try to repay investors with (invested)-(withdrawn) and ignore any profits, since they were never right. Or at least pass that list on to the new owners--I think that may be what you are trying to say. Of course, some investers who withdrew more than their original investment (because of profits) made out really well at the expense of other investors.
To clarify, there have been investors that already withdrew, 2, 3, 5 times the original amount invested by them yet still hold debt, their debt is discarded and will not be repaid.
The new owners will use the same domain but will completely wipe all the records of accounts, all the website and all the content and start all over again. Sorry for the bumpy ride guys.
I will also make sure the new owners will not start collecting investments until the debt is repaid.
So I'm assuming that I will not get anything back as which I have still on the site, as I got back a lot more than I put in. So What if I just start betting with this money and I then win? Will I get my winnings then?
Phil