Quote from: jgarzik on July 16, 2012, 02:55:42 PM

If lawsuits are threatened, as another mentioned, most lawyers would advise stopping refunds until all legal challenges are completed and the court settles refund amounts and claimants. Bitcoinica would not want to refund, and then have a court show they should not have refunded X amount to Y person.

Jeff, we did not start it. Amir wrote that he's already being sued before BadBitcoin announced anything, and that he does not know what will happen next. This post has been deleted in the meantime, but it is being quoted here: https://bitcointalk.org/index.php?topic=93074.msg1027601#msg1027601

Tihan wrote that they are considering legal action against Amir, Patrick and Norman here: https://bitcointalk.org/index.php?topic=93074.msg1028157#msg1028157

So what's the most rational choice for the depositors, just sit and wait until more money mysteriously vanishes and maybe people end up in jail? What good does that for us getting our money back, ever? Hahaha, I still have no money, but now someone is in jail and I need to pay, through taxes, for his lodgings and food? Does that make any sense to you? At least when litigation is threatened or in place, we can get the funds frozen (e.g. by Mt. Gox) until someone refunds us.

Quote from: jgarzik on July 16, 2012, 02:55:42 PM

So, good show, chaps. You have now delayed your refunds for at least another year or two.

It was not us who delayed it, in fact I defended the delays before here: https://bitcointalk.org/index.php?topic=81045.msg903915#msg903915. I'm not going to point fingers at who caused it, as I don't have sufficient information and don't want to falsely accuse anyone and I don't actually care. But it wasn't us. And I don't need to know who caused it, I just want my money back.