OPEN LETTER to Donald, Patrick & Amir RE: Bitcoinica - page 10.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: greyhawk on September 14, 2012, 02:53:13 AM

Quote from: RicePicker on September 14, 2012, 01:29:30 AM

Seriously why are these guys still even allowed to talk at the conference in London. These guys should not even be related to bitcoins anymore. I still do not understand who still uses intersango after all this BS.

Amir "genjix" Taaki is RUNNING the conference. What do you think he's gonna do: "Oh, hey guy in the mirror, you can't go to the conference you're running." "Damn. Embarrassed

And I so wanted to go too."

Maybe Patrick's tracked down the hacker/s and will reveal their identity during his presentation.

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: RicePicker on September 14, 2012, 01:29:30 AM

Seriously why are these guys still even allowed to talk at the conference in London. These guys should not even be related to bitcoins anymore. I still do not understand who still uses intersango after all this BS.

Amir "genjix" Taaki is RUNNING the conference. What do you think he's gonna do: "Oh, hey guy in the mirror, you can't go to the conference you're running." "Damn. Embarrassed

And I so wanted to go too."

Transisto

donator

Activity: 1731

Merit: 1008

Quote from: tseale on September 13, 2012, 06:05:23 PM

On behalf of the Bitcoinica investors and customers, ............

It's important that you return the signed resolution before the weekend.
...

NO COMMENT.

labestiol

sr. member

Activity: 434

Merit: 251

Quote from: repentance on September 13, 2012, 11:12:34 PM

Nobody's liability is going to be lessened by delaying the liquidation process.

This

Quote from: repentance on September 14, 2012, 01:34:39 AM

I think people forget just how much Bitcoinica still owes its users.

and this...

Come on guys, do what's right for bitcoinica customers, it's never too late.

flower1024

legendary

Activity: 1428

Merit: 1000

Quote from: RicePicker on September 14, 2012, 01:29:30 AM

Seriously why are these guys still even allowed to talk at the conference in London. These guys should not even be related to bitcoins anymore. I still do not understand who still uses intersango after all this BS.

+1
i dont understand it either... there are good alternatives.

repentance

hero member

Activity: 868

Merit: 1000

I think people forget just how much Bitcoinica still owes its users.

RicePicker

full member

Activity: 216

Merit: 100

RicePicker

Seriously why are these guys still even allowed to talk at the conference in London. These guys should not even be related to bitcoins anymore. I still do not understand who still uses intersango after all this BS.

DarkEmi

full member

Activity: 223

Merit: 100

Quote from: Nefario on September 13, 2012, 08:21:51 PM

Why is this being posted on the forums? It's something to be sent to and between lawyers. This is just stiring the shit.

Really this SHOULD go to court, not just for the liquidation but for the theft and for other laws broken.

To ask or even expect this jpeg to be signed before the weekend is beyond wishful thinking.

Rofl. It was their responsability to claim theft as bitcoinica owners yet they just did nothing

flower1024

legendary

Activity: 1428

Merit: 1000

intersango team does not learn Wink

now they are angry and hiding like childs... just refusing to talk.

would be amusing if no many people (me included) didn't lost that much money.
for me phantomcircuit is the reason why i am not in london now.

Maria

sr. member

Activity: 832

Merit: 250

I still want my 17,000+ Bitcoins back too!

If I get paid in full before the end of 2012, I will DOUBLE my total donation list. The ellet or the magazine are no longer on the list.

Tihan, good luck!

Liberty Maria.

jimbobway

legendary

Activity: 1304

Merit: 1015

Side topic: why is this paper work taking weeks when it should be days?

MemoryDealers

vip

Activity: 1052

Merit: 1155

For the record, I have pleaded with the Intersango trio, both in person to Patrick Strateman, and electronically to all three of them to sign something like this.
All three of them have refused to date.
I hope they reconsider, and do the right thing.

I still want my 23,000+ Bitcoins back!

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: vampire on September 13, 2012, 08:11:08 PM

Quote from: Phinnaeus Gage on September 13, 2012, 07:54:38 PM

Quote from: dancingnancy on September 13, 2012, 07:16:12 PM

Tihan-

Do you have any idea, after paying for this entire process, what will be left over for the rest of us? Any idea at all would be nice.

Thanks

I don't know how to read one of these things, but it looks like it's not that bad. http://www.mvp.co.nz/media/reports/11260+Limited+(In+Receivership)/112603report.pdf

A $472 fee to recover $6,221. I like that.

Here's another example: http://www.mvp.co.nz/media/reports/Water+Systems+Treatment+Specialists+Limited+(In+Liquidation)/watersystems2ndreport.pdf

$472 fee? It's the balance that was after all fees.

$6221 recovered - 3150 receivers fees - 1380 salvage payment - 1219 legal fees = 472 balance to pay to creditors.

Yep! I knew that when I posted it, but opted to present it as I did to see if anybody else would catch it. There's a whole slew more just like it on the net. I found those via Iain's (iain--not an L) full name in quotes.

Sorry for the ruse, but I wanted the info out there. I truly do like the guy, though.

~Bruno~

repentance

hero member

Activity: 868

Merit: 1000

If they don't sign it, it will take an order of the New Zealand High Court to put Bitcoinica into liquidation. I'm sure Bitcoinica's creditors will be thrilled about paying lawyers for that. One way or another, the actions of everyone associated with Bitcoinica are going to be examined by a liquidator sooner or later. Delaying that process or making it more complicated than it need be ultimately only disadvantages the people who are owed money by Bitcoinica. Nobody's liability is going to be lessened by delaying the liquidation process.

jed

full member

Activity: 182

Merit: 107

Jed McCaleb

Nefario: Do you not think tihan *has* mailed them and many times? He is posting this here so everyone can see how uncooperative these guys are.
There is no reason in the world for them not to sign this. All it says is that they don't want to run the business anymore. And they clearly don't want to.

jimbobway

legendary

Activity: 1304

Merit: 1015

Quote from: Nefario on September 13, 2012, 08:21:51 PM

Why is this being posted on the forums? It's something to be sent to and between lawyers. This is just stiring the shit.

Really this SHOULD go to court, not just for the liquidation but for the theft and for other laws broken.

To ask or even expect this jpeg to be signed before the weekend is beyond wishful thinking.

Seems like it is a setup by tseale. Doesn't seem like they will sign it, just ignore it.

Lotta blame to go around. Tongue

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: Nefario on September 13, 2012, 08:21:51 PM

Why is this being posted on the forums? It's something to be sent to and between lawyers. This is just stiring the shit.

Really this SHOULD go to court, not just for the liquidation but for the theft and for other laws broken.

To ask or even expect this jpeg to be signed before the weekend is beyond wishful thinking.

If they're not going to cooperate then I want them to have to publicly state that. Why these guys are still running around in this community and the project is beyond me.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: Nefario on September 13, 2012, 08:21:51 PM

Why is this being posted on the forums? It's something to be sent to and between lawyers. This is just stiring the shit.

Really this SHOULD go to court, not just for the liquidation but for the theft and for other laws broken.

To ask or even expect this jpeg to be signed before the weekend is beyond wishful thinking.

The liquidation and the other matters are separate legal issues. Failure to liquidate the company can be an offence in itself. When the liquidator establishes the cause of the company's failure, he is bound to determine if any criminal offences have occurred and refer them to the Serious Fraud Office.

Yes, there are issues which should go to court. Beginning the liquidation should not be one of them. The only people who benefit by the liquidation being delayed are those who may be found to have personal liability in respect of Bitcoinica's failure.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: dancingnancy on September 13, 2012, 07:16:12 PM

Tihan-

Do you have any idea, after paying for this entire process, what will be left over for the rest of us? Any idea at all would be nice.

Thanks

Liquidators typically charge $200+ per hour, but they also charge for the time of their support staff. There is oversight by the Registrar of the Insolvency and Trustee Service and creditors can request review by the Official Assignee if they're really unhappy with the liquidator, but liquidators have considerable liability in respect of the estates they administer so it's not in their professional best interest to pad the charges.

In this particular instance, there aren't a ton of different assets to be sold, so that part of it should be relatively straightforward. Verifying the claims might be time-consuming given that the records have had to be reconstructed. The more co-operative the principals are, the less it's going to cost.

Nefario

hero member

Activity: 602

Merit: 513

GLBSE Support [email protected]

Why is this being posted on the forums? It's something to be sent to and between lawyers. This is just stiring the shit.

Really this SHOULD go to court, not just for the liquidation but for the theft and for other laws broken.

To ask or even expect this jpeg to be signed before the weekend is beyond wishful thinking.

Topic: OPEN LETTER to Donald, Patrick & Amir RE: Bitcoinica - page 10. (Read 27042 times)