It would appear that a lot of misinformation has circulated since the date of my last post. Considering the many inconsistencies, I will assume astute readers here have already discounted the versions of facts presented by the Consultancy.
Since some of the story-telling is directed at me personally I wish to make a few things clear. I had no responsibility for Bitcoinica security ever. That would certainly be an improper role for me. I am not a security expert, nor have I ever claimed to be. My role was to oversee the investment in Bitcoinica and help facilitate the transfer to new management.
The Consultancy members accepted that responsibility on April 24 as operators and General Partners of Bitcoinica LP. There is ample written documentation to confirm this.
Upon closing of that transaction, login credentials for all services were handed off to the Consultancy in person. All credentials were encrypted by a reputable password management service. I claim no expertise to judge the security of the master password but it was very long. Its status as a master password and its use in all respects were fully understood by the Consultancy upon acceptance.
You got Zhou Tonged, Tihan.