Topic: [Payout Updates] Bitcoinica site is taken offline for security investigation - page 56. (Read 156711 times)

That is funny because Donald Norman, the CEO of Intersango/Bitcoin Consultancy claimed the following on 2012/04/24:

http://bitcoinmedia.com/first-licensed-advanced-trading-platform-for-bitcoin/


So around April 21 there were the following entries in the NZ register:

• "BITCOINICA CONSULTANCY LIMITED"
• "CORE CREDIT LIMITED" (30/01/2012)
• "BITCOINICA LP" (FSP) (22/03/2012)

However on May 30 the following happened:

• "BITCOINICA CONSULTANCY LIMITED" > registration withdrawn.
  
• "CORE CREDIT LIMITED" > namechange >  "BITCOINICA CONSULTANCY LIMITED"
  

So correct me if I'm wrong but it seems that:

• Intersango guys were the original BITCOIN CONSULTANCY LIMITED (General Partner)
• Tihans investment fund was CORE CREDIT LIMITED. (Majority Limited Partner)
• On May 30 the LIMITED PARTNER changed name (but not liability?) to that of the GENERAL PARTNER and the GENERAL PARTNER dissolved itself.

This would also explain genjix statement:


Color me confused. What is going on and how does this benefit customers?

For those questioning my identity or existence:

https://bitcointalksearch.org/topic/m.953155

I don't think these photos will affect the image of someone else, Bitcoin or my bank. So I posted them.

I also donated pretty much the same amount to Wikimedia Foundation Inc. Alright, Wikipedia was the de facto owner of Bitcoinica back then.

Again Matthew, After you advised Zhoutong to sell our private documents without consulting, how much money did you make after the sale was completed?

@Zhoutong How substantial was your donation after the sale?

Maria.

Matthew N Wright is not involved with Bitcoinica (from what I know). That's not to say him and Zhou Tong did not ever have friendly relations. It's common among Bitcoin people that we all speak and share ideas despite being 'competitors'. For instance I advise Andreas how to improve his Bitcoin client despite that I'm working on a different client. We all want Bitcoin to succeed, and better services = better community for all.

For instance I gave advice to Matthew about his magazine despite writing for BitcoinMedia. I think it's a cool project and want it to succeed.

Anyway I'd prefer to keep this thread on topic. Make a separate thread for periphery topics.

It's just a few personal loans. They aren't even tied to Bitcoinica. When the site was acquired, the creditor becomes me as an individual.

Matthew was very familiar with the Bitcoin community and he offered a lot of help to me at early stage of Bitcoinica development. I really appreciate that. And I also donate a significant sum to his projects after the sale.

These are all entirely personal so I didn't talk about it at all. He did advise me to incorporate in Singapore and I followed his advice for a month. The acquisition happened just when I'm about to form Bitcoinica Pte Ltd with two partners who have experience in this field. So I wouldn't think it's any kind of involvement or even CEO.

Bitcoinica owners, you got my email message [email protected] (proof of ownership account, transaction history)? My data is in the process? I'm sorry for the translation.

and the bitcoinica web site should have a new update saying they have not process one claim since the breach.

No please, let's do make this public.  I don't mind at all actually.
What you have confirmed then is that you don't have records and you've also provided a date beyond which you no longer have records.
The date the account was registered was April 24th.
Here is a screen shot of the email that I received on that date.


Of course I realize that screenshots can be doctored, so I went ahead and forwarded the original email to [email protected]

Now on to the verification of deposits.  Unless you dispute that 1PSQ4tWY4pTcAbgKozPXAWB9B8Cg4JCVMP was a bitcoinica wallet address, you can easily see that it had a
Total Received 21.27506487 BTC by looking at the "Total Received" field on blockchain explorer
http://blockchain.info/address/1PSQ4tWY4pTcAbgKozPXAWB9B8Cg4JCVMP which is about what I showed from MtGOX.

Interestingly enough blockchain is showing something different than my MtGOX history when it comes to my transaction history.  Frankly I'm not sure how that's possible.  If anyone else would care to take a look at that history and confirm what my balance was as of the last transaction prior to the break in, I would be much obliged.  I'm willing to accept the information at blockchain as canonical proof of my account balance, whether or not it disagrees with anything I've said earlier.

By the way, thanks for the response!  I don't mind working this in public at all.  If it's enough to unclog some legitimate log jam maybe the community can help with the process.
 

Note to Admins:

My claim is here public, and I want my issue resolved publicly so that the community can witness whether I was Paid in Full or Not  I have posted My BTC address so the community can follow when the payment is made. I can accept MTGOX Codes via PM.

I will never visit bitcoinica.com or send anything to any email. Zhoutong has sent me BTC in the past and can not deny my existence.

Zhoutong also bought from us www.bitcoinnotify.com for 310 BTC and paid with no problem. By the way Zhoutong, why did you buy bitcoinnotofy.com if you were going to let it die? He knows who we are and where to send the money.

My account is very likely in the TOP 20 Users of bitcoinica and If you have any doubt on the volumes we transfer and handle, just read the history.


If np payment is received 48 hours from now, I respectfully request a Scammer tag for each of the members involved. This to prevent and help new bitcoin users not to get scammed.

Here is the list:

1- Zhou Tong
2- Tihan Seal
3- Genjix
4- Phantomcircuits
5- Intersango
6- Matthew N Wright.

Maria.

It's about fucking time you started using that website for more than just a placeholder.

All further communication regarding bitcoinica will be posted on bitcoinica.com or answer to specific questions from [email protected]

Responding to insane accusations and downright defamation is a waste of everybodies time which just makes this all take even longer.

Anybody claiming this is wrong.  There is some information that just happened to have been pulled prior to the break in.  I believe zhou said there was enough information that it's as good as the database, he's wrong it only covers about 1/5th of users.
There was actually a break in.  There is little point in notifying anybody.
As the original post said there was 18k BTC in the hot wallet.
So what? He was using compromised servers as proxies.
There have been people posting on this forum almost everyday, just because there isn't anything new to say doesn't mean there is silence.
None of the information provided matches any records we do have (I wouldn't be saying this in public as it's clearly a private matter except you have made this a public matter).

Make sure the email you opened the claim with matches your bitcoinica account.

That statement really concerns me and reinforces this idea I've been struggling against that you really don't have a clear understanding of the law and what your specific liabilities & responsibilities are in this matter.  I'm not a lawyer, but your statement indicates you need to speak to one before replying.  If you have retained legal counsel I would like to know whom, there are some documents he/she will be needing to receive from me and probably others as well.

For reference please see post #136 of this thread.
https://bitcointalksearch.org/topic/m.937278

Please re-read my original post.  The account was isis101 not isis100, if you can't confirm it with that, I also included a complete history of my transactions involving bitcoinica that I believed were easily verifiable.  If that's not enough for you to verify that I am the owner of the account then you really don't have any records from within 30 days of the hack.  All I'm asking is that you return those funds to the wallet they originated from.  It shows good faith on your part.

You've not contacted me to request any information.  I'm not sending random information to you.  I will however send any documentation you require upon request.  If you have lost my private email address, please feel free to request specifics right here or use the private messaging system of this forum.

Again, I advise you to contact a lawyer very soon, explain the situation to him/her and feel free to show them my post(s) as well as your own.  They can explain to you what exactly is wrong with that quote.


@Zhou Tong, I've decided to remove your name from my criminal complaint.  I've been researching this further and in the process doing my homework on you.  I've come to realize you really are innocent and I apologize.  Innocent or not though, it doesn't change the fact that you do have liability here.  Even though someone may have sold you an "offshore banking" package and told you it would protect you.  It doesn't and in fact all it really does is make you look guilty.  A judge will apply the "smell" test and if it looks like there is anything untowards going on, he/she will pierce the veil and remove any limits to your liability.

At this point I doubt you really had criminal intent Zhou.  I've come to realize that you're just a young idealist, with sufficient programming skills to allow you to create a great site like bitcoinica.  Unfortunately it appears you did not have sufficient real world experience to understand how to properly secure a site like that.  Years ago I was exactly like that, my site grew too big, too fast, got hacked and it cost me dearly. That's a story for another time but needless to say I am sympathetic.

I will edit my posts and redact your name from my accusations.  Still you should be prepared to answer some serious questions when the time comes.  In the meantime please take efforts to preserve all of your communications both to the world at large and any internal discussions between you and your new handlers.  Now I've seen more posts from them I can see the path they are going down, you won't like the destination when they get there.  As you work through this mess, try to remember that win or lose the lawyers always get paid.  You would do well to contact an attorney well versed in international finance law on your own and run all this past him/her.

You guys are losing support everywhere.

Phantomcircuit, you're still blaming zhoutong on IRC today. WTF man? Give it a rest, and just stay offline if you're going to fail at returning our funds.

Yeah - the scammer tag should be applied. There's little hope of getting funds back, and there's too much sketchy bs about the ownership and the hot potato Goat's referring to being passed around.

You try to intimidate your customers into ignoring their legal recourse.

(and for the lulz, I guess, phantom was suggesting that he might offer some "very secure VPSes"  - ok. that's a good one)

So - chit chat,taking care of Intersango, blaming former partners for your predicament, and planning the next debaclebusiness are more important than bothering to take care of the people you've left hanging.

Yes. proudhon is correct. No one, except maybe a few people with large deposits and big legal bills, will be getting their money back.

On the other hand, rg (rapeghost) told me on IRC he'd received his money back from bitcoinica.

So, what's really going on?

And about those extremely careful database backups from the Coinexchanger website... well as careful as they may be, they offer no protection against the stupid coding of the rest of the website. The thread where I posted all the information to was moved to the trashcan, but suffice to say that when I created an account on the site, it magically contained 300 and some odd bitcoins, a complete transaction history from another user, and would not allow any trades or withdrawals because of database errors and other mysterious problems.

And besides that, there was no market depth charts, nor any way to see how the market was moving... in short the entire website was rigged together with duct tape and twine, and offered no way to actually exchange any coins.

The irony of Maria demanding money from zhou and the CoinExchanger website carrying this message is rich.


For those with short memories, CoinExchanger claimed following the Linode intrusion that the hacker was dumping the stolen coins on his exchange and that they were his to do with what he wished.


https://bitcointalksearch.org/topic/we-just-received-a-20k-btc-deposit-thank-you-67044

Apparently Leo and Maria's philosophy when it comes to Bitcoinica thefts is "do as we say, not as we do".  

Its funny how after the first bitcoinica hack coinexchanger/maria  was crowing about handling stolen bitcoinica funds. And now they are demanding preferential treatment after this latest incident . I find that interesting 

Hey everyone,

For what its worth, I've met Leo (Coinexchanger) and Maria in New York City when Leo was in town on business.

We had some beers, and talked Forex and finance.

In the past we've had some successful business transactions, and I've never had a worry wether he would pay up.

When conducting your own business transactions, its always good to do due diligence as I have done with Leo. If engaging business with anyone, don't take my word for it, rather check up yourself.

He has good credit with me, and regardless of what happens in the forum I've never been scammed by him

Have a great night

Charlie

Sorry about the off-topic but...


By doing this do you mean scamming(or at least trying to)?