Topic: OPEN LETTER to Donald, Patrick & Amir RE: Bitcoinica - page 4. (Read 26987 times)

To be clear,

I offered to give up %100 of what I was owed, along with 3 other creditors so that everyone else would receive back %100 of their funds immediately.
Instead, Amir posted the source code causing additional money to be stolen,  and no one has received any of their money back yet.

Patrick (PhantomCircuit) has lied and stalled at every step of the way.
He is directly responsable for the delays,  if he would cooperate, everyone would have already had the vast majority of their money back.

He has also made personal threats against myself, and resorted to verbal insults towards his other customers.

Any legitimate businessman would not resort to such tactics.

So what? These were Rogers assets, nothing to do with BitInstant


Prove it.

I have no financial interest in Roger being paid. This is his money.


This is exactly what you promised Roger and myself when I met you.

All this was prior to the stupid fuck up by Amir who posted the source code and password. All this was pre that hack.

You guys screwed up 3 times. Dont blame us.

The fact remains the same. Look at the circumstances.

Come up with a solution, but hurry up. People are waiting on their money and it's not fair.

-Charlie

It's not the first time similar stuff has come up.

https://docs.google.com/file/d/0B_ECG6JRZs-7SXFtdG1QXy1uSnM/edit

https://bitcointalksearch.org/topic/m.1085617

Nice dirt.

Roger Ver is a major investor in BitInstant citation.

Charlie has a direct financial interest in Roger Ver being paid, even at the expense of other bitcoinica customers.

Which is exactly what Roger Ver asked for

Yeah, there's so much cross-investment in Bitcoin enterprises that I sometimes lose track of who holds interests in what businesses.  I forgot that it's Roger who holds an interest in BitInstant rather than you holding one in MemoryDealers.

No worries. I have no direct personal nor business interest in the matter. I have friends and investors that lost alot of money, this whole fiasco has made my job promoting Bitcoin to the world harder, I really want everyone paid back, this put behind us and Donald, Amir and Patrick exiled from our community as fast as possible.

I'm kept up to speed as much as legally allowed (since I have no legal interest, there are things I can't know) but since I'm friends with, have done business with, and are on good terms with most parties involved, I was looked at the neutral mediator in this situation and asked to do it.

However, I'm sorry to say that my patience is running out. Donald, Amir and Patrick are pulling my strings taking us all for a ride for their personal gain. They are the only ones to blame. Lawyers involved are on the verge of quitting, why should they have to deal with incompetent children like Donald, Amir and Patrick?

I've spent to much personal dollars on this already, I'm mentally stressed and no one is to blame except for myself as I took on this role.

The worst part is the lack of respect Donald, Amir and Patrick have for you, the community, and myself. They are sitting back, and laughing at this whole thing. They don't care about you, or your money. They don't care about Bitcoin and it's future, they only care about themselves.

Please, they don't even read this thread! You think they still give a shit?

We need to rise up against them in unity!

-Charlie

Considering that Bitcoin needs new blood to grow and increase in value, one fuckup for one bitcoiner reflects as a failure of bitcoin as a whole.

My apologies.  I presumed that you must have some personal interest given the amount of effort you've put into trying to mediate this clusterfuck.  Although given that you have put in that effort and continue to do so, it would have been courteous of the parties involved to keep you informed of where things are at from a legal standpoint. 

Not sure, I have no money in Bitconica nor official capacity here.

Motion to dismiss filed 10/12/12

http://webaccess.sftc.org/Scripts/Magic94/mgrqispi94.dll?APPNAME=IJS&PRGNAME=ROA22&ARGUMENTS=-ACGC12522983

I'd certainly hope that your lawyer is keeping you up to date on this.  Isn't there a case management conference set down for early next year?

Not sure about your latter question.

It's really bullshit. Back in July, I met with the largest creditors (Roger, Jed, ect..) and I also met with Tihan and Patrick Strateman. to try and see if I can mediate a resolution (I have no personal or business stake in the matter- we have no money on Bitcoinica )

Patrick S. gave Roger and I his word that he would cooperate on this 100%, and that he would sign and get the others to do the same.
He sat in the cafe, looked into my eyes and gave me his word.
The letter was presented to them monts ago, and they have playing games every since. Threatening and beating around the bush.

Donald ignores everyone, Patrick acts like a child, plays games, ignores emails, and Amir is more ignorant then a pet rock.

It's a 1 page letter, that a lawyer can look over in 5 minutes, its not a difficult piece of legislation.

Tihan has been paying for all legal costs out of pocket.

Donald, Patrick, and Amir are the cause of you guys not getting your money back. They are delaying everything and constantly pushing it off.

I want to see this resolved, and have traveled to Seattle and San Francisco (I live in NY) two times thus far to meet with everyone and get this resolved.

This is probably the first time this information has come to light, and I can write pages on what has been going on the past few months.

This week, I am traveling once again to the west coast. I'm not sure what else I can do, the ball is in the court of Intersango team.

-Charlie


Oh, Donald was there. They had to chase him around the building, and then he disappeared and didn't show up the the conference for 3 days.

There's a post here somewhere by one of the people at the conference.  What they were presented with was the special resolution necessary to dissolve Bitcoinica and put it into liquidation voluntarily (ie, the document in the OP).  Apparently two of them just outright refused to sign (Patrick posted that he wouldn't sign it without legal advice - my response to his post stating that was that he should get his own lawyer to draft a special resolution if he didn't trust Tihan).  I think it was Donald who wasn't around when Patrick and Amir were approached to sign the paper, but I don't recall anyone ever mentioning whether he was finally presented with it.

Have they filed a response to Cartmell yet? 

I heard that court papers were served at the London Conference to Amir, Patrick, ect.. and Donald ran away and didn't show up for 3 days.

Can anyone confirm?

bump.

Thanks for these updates, genuinely appreciated.

Can you say anything more about the "proper legal process"? Is that the Nov 4 court date which tihan has announced?

I see. thanks for the clarification Patrick. It looks like I have misinterpreted your intent here, my apologies.

That said, I would prefer if the original statements made by Bitcoinica on bitcoinica.com would have remained available until this case is finally resolved.

The original site was hit with a substantial DDoS attack while hosted at rackspace.

The news site has now been moved to linode as Bitcoinica has a fairly large credit there.

The list of no updates is genuinely an attempt to notice people that someone is still alive at bitcoinica but that there is actually nothing new to say.

We're all waiting on the proper legal process to go forward.

Yeah, hilarious. Why is this guy so spiteful against his customers?

The Google cache of the previous version is still up, just in case some of the statements made earlier on this domain can be used in court (e.g. 'all withdrawal requests will be honored', etc.):
http://webcache.googleusercontent.com/search?q=cache:bitcoinica.com&hl=en&prmd=imvns&strip=1