Post
Topic
Board Service Announcements
Re: [Payout Updates] Bitcoinica site is taken offline for security investigation
by
phantomcircuit
on 10/07/2012, 21:57:59 UTC
How about you give some respect to Zhou ?

Why?  He is the one who took on a large project he didn't know how to do, and lost everyone's records.  The entire reason you are all in this mess is because he couldn't be bothered to do a braindead backup.

May I remind you that:

  • On 2012/01/30 Bitcoin Consultancy became Bitcoinica Consultancy Ltd. (*1)
  • On 2012/03/22 Bitcoinica Consultancy Ltd became the General Partner of the newly formed Bitcoinica Limited Partnership (*2)
  • On 2012/03/27 Bitcoin Consultancy was retained to perform a comprehensive security audit. (*3)
  • On 2012/04/24 Bitcoin Consultancy took over ownership and daily operations of Bitcoinica from Zhou (*4)
  • On 2012/05/11 Bitcoinica was hacked due to a root password reset via a compromised email server (belonging to a member of Bitcoin Consultancy). (*5)

IOW: Bitcoin(ica) Consultancy is responsible and liable for what happened on 2012/05/11. Bitcoinica Consultancy (a.k.a. "Intersango Guys") includes Donald, Patrick and Amir. Zhou was merely a Bitcoinica employee at that time (or maybe not even that since he has not been paid for work since 2012/04/01).

References:
1) http://www.business.govt.nz/companies/app/ui/pages/companies/3715077
2) http://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP207625/4.do?noReturn=true
3) https://bitcointalk.org/index.php?topic=81045.msg919130#msg919130 (Tihan's post)
4) http://bitcoinmedia.com/first-licensed-advanced-trading-platform-for-bitcoin/ (written by Donald, CEO of Bitcoin Consultancy)
5) http://bitcoinica.com (post-mortem)

Your analysis is not only wrong but straight up defamation.

Bitcoin Consultancy LTD is a UK Limited company which is neither owned nor owns any other company.

Intersango LTD is a UK Limited company which is neither owned nor owns any other company.

Bitcoinica LP is a New Zealand Limited Partnership.

Core Credit LTD is a New Zealand Limited Company and the General Partner of Bitcoinica LP.

Core Credit LTD was renamed to Bitcoinica Consultancy LTD significantly after the events occurred.

I personally have absolute no legal obligation to assist in any of this.  100% of my time and effort is donation.

As for Zhou's "plan" that is precisely what he said he intended to do, a strategy I find to be immensely immoral.