Topic: Public STATEMENT Regarding Bitcoinica account hack at MtGox - page 11. (Read 72899 times)

Will it help an actual police investigation? Probably the opposite.

It's been stated elsewhere on the board that MtGox has now frozen the Bitcoinica MtGox account.  Can you confirm whether that's the case (it would be a reasonable action to take, but users generally tend to disbelieve such claims as I'm sure you're aware from having to explain such situations in relation to your own financial institutions)?

I do not know the situation on that aspect, as the funds are not held with MtGox (we are merely helping with the investigation and trying to ensure the information flows correctly to the community).

Let this be a warning to everyone:

If your account is hacked (email or otherwise), MtGox, AurumXChange and BitInstant might start a thread calling you a thief and a hacker publicly and just leave it up to you to find the thread and figure out a defense instead of discussing the issue with you directly or contacting any authorities.

Zhou, I know what you are up to. This funds have been frozen as well pending investigation, and will not be released until the investigation is concluded.

I'll let you discuss this with AurumXchange's attorneys if you really insist on this.

Releasing a statement to ZT about his money being frozen : sounds ok to me.
Publishing a statement to an angry mob looking for a scapegoat : probably not the smartest thing.

I highly doubt that AE's legal counsel advised them to publish anything on a public internet forum.

This is an assumption, not a fact.

A financial institution has to freeze funds if they suspect illegal activity/ML and report it to the authorities.
I'm not saying it would have been smart to release the funds, but maybe it isn't very smart either to release this kind of information on a public forum and not report anything to the police (AFAIK you haven't done that, have you?).

Ok, so what was the advice ? Publish this kind of sensitive information on a public forum? To achieve what? That's what I thought.

Unlike many of the people on this forum, we act based on legal advice from seasoned lawyers.

The information disclosed here has been disclosed for some time to the people involved with Bitcoinica, but it seems that none of them has talked to Zhou about this yet, nor started any legal action (at least none that reached any of us).

Press charges against a minor?

No legal action = you have no right to disclose it publicly.

No. What they did is unprofessional, completely irresponsible (they didn't even contact the person they are claiming did something wrong--- so what is the point of the thread?), and possibly illegal.

The beauty of having government to solve issues like this is that they have the best interests of everyone involved at heart and only seek to find the truth of the matter and arrange to punish the guilty and give whatever restitution is possible to the victims.

AurumXchange is blocking funds allegedly belonging to Zhou Tong without any disclosed (until now) reason. Legal advice on AurumXchange's side was to issue a statement as soon as possible to clarify the situation as it was being made public on this very forum.

In absence of any legal action from the victims of this hack,

we have no course of action to contact the police, but will be held responsible if funds are released then legal processing is started at a later point.

What I find amusing is that everyone wanted to get to the bottom of all of this and now that more evidence is being presented a certain number of users want to throw rocks at those releasing the information to the public.

Unlike many of the people on this forum, we act based on legal advice from seasoned lawyers.

The information disclosed here has been disclosed for some time to the people involved with Bitcoinica, but it seems that none of them has talked to Zhou about this yet, nor started any legal action (at least none that reached any of us).

No. What they did is unprofessional, completely irresponsible (they didn't even contact the person they are claiming did something wrong--- so what is the point of the thread?), and possibly illegal.

Relevant?

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It wouldn't tell you much.  He could have whole days where he has no lectures or tutorials and others where they're spread throughout the day and don't finish until 9pm.

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