How do we know this is actually Tom Williams? The last 'From the desk of Tom Williams' message was signed by whoever owns this PGP key: http://pgp.mit.edu:11371/pks/lookup?op=vindex&search=0x9FB9834EA5027A85
So why isn't this one signed to confirm that it's from the same person?
Topic: MyBitcoin Back Up! (with a press release) - page 7. (Read 12357 times)
Buying time?
Quote
Thursday, August 4th, 2011
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins.
Did people say most of the coins haven't been moved?... If this happens to me, my first reaction would be moving all remaining coins into a new wallet.
I won't believe this until he provides transaction details.
Aww man... Rather see that girl in the car boot again.
"On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker."
Mmmhmmm..... by large amount you mean all... and by security you mean "Shopping Cart Interface"?
"On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker."
Mmmhmmm..... by large amount you mean all... and by security you mean "Shopping Cart Interface"?
Well, I'll be ...
I called it. This is basically exactly what I've been theorizing happened. After MtGox got a lot of criticism for explaining before they knew the facts, it only makes sense that MyBitcoin (or anyone else exploited) would keep silent until they had a good idea what was going on.
The saga continues
Well, bite my balls and call me Monica. 
I'd say they handled this pretty poorly so far.
I'd say they handled this pretty poorly so far.
Why make us all think he was a crook? Why not install just a html index page and explain what happened?
perhaps he wanted to wait and see what the response would be to mybitcoin's disappearance and determine if he could get away with the rest of the coins. Maybe he felt some heat now that people are starting to contact the FBI.
Always good news
We have realized that we have no option but to go into receivership.
That's French for "I'm declaring bankruptcy".
Why make us all think he was a crook? Why not install just a html index page and explain what happened a week ago?
Well, with a message at least. Site text copied below. Discuss.
Edit 8/5 by Maged: A second press release has been issued. Discuss it in the thread linked below:
https://bitcointalksearch.org/topic/mybitcoincom-press-release-2-34770
Quote
Thursday, August 4th, 2011
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
As you have probably noticed, MyBitcoin.com had been down for almost a week due to an unfortunate event.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker.
Our response was rash, but necessary. We simply switched the system off until we could have system-wide forensics performed. The forensics took some time, as the system is quite complex by nature.
After weighing all of our options, we have realized that we have no option but to go into receivership. We will settle all accounts with a online claim process that we are currently in the process of working out.
We will release more detailed information about the security breach, the claim process, and our balance sheet in the next few days.
Tom Williams
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
As you have probably noticed, MyBitcoin.com had been down for almost a week due to an unfortunate event.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker.
Our response was rash, but necessary. We simply switched the system off until we could have system-wide forensics performed. The forensics took some time, as the system is quite complex by nature.
After weighing all of our options, we have realized that we have no option but to go into receivership. We will settle all accounts with a online claim process that we are currently in the process of working out.
We will release more detailed information about the security breach, the claim process, and our balance sheet in the next few days.
Tom Williams
Edit 8/5 by Maged: A second press release has been issued. Discuss it in the thread linked below:
https://bitcointalksearch.org/topic/mybitcoincom-press-release-2-34770
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