The initial confusion was over who is responsible as the GP - the part time owner devoting maybe 5 hours a week? The new owners who had no experience operating the site? The middleman who acts on behalf of the owner and has no technical knowledge? That's why payments were initially complicated and delayed.
So it seems that internal wrangling over who would be responsible as a GP directly caused the delay in customer reimbursements (and by extension the more recent theft of 350.000 USD from customer deposits)?
For those who doubt we were not the GP, you can run 'git log' in the sourcecode. We had no responsibility to take on payments, but we did (and finalised the formation of Bitcoinica Consultancy to do so).
So you guys finalized the formation of Bitcoinica Consultancy, but not as the GP? Then as what? A charitable organization?
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.
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.
The statements of Genjix and Tihan seem to conflict here. So we still don't know who the GP is and customers continue to suffer due to corporate infighting. Or maybe it is just me that is clueless?