Post
Topic
Board Bitcoin Discussion
Re: Statement about the suspect of recent Bitcoinica hack
by
BitBuster
on 26/07/2012, 15:49:15 UTC
^yes, its clear that Zhou is full of shit.



A police/legal investigation, if ever successfully launched, would not be possible.

1. Unfamiliarity with Bitcoin of those in the legal industries.
2. Lack of appreciation by legal industries for the technical aspects of bitcoin and other services used by suspects.
3. Scale of the task to construct a case, which involves multiple countries/jurisdictions, is too large for legal industry to be interested as aggrevied bitcoiners are unlikely to be able to financially propel the investigation.

Perhaps the failure of the Intersango Trio/Bitcoinica Consultancy to alert the authorities is a realisation of the above?

The Police, Courts and other institutional authorities will NOT be helping us. Therefore the only option that appears to be available is a vigilante effort, probably resulting in funds being taken from those responsible in ways that may breach laws themselves.

That is the stark choice facing the community that is without legal support: illegally recover the funds or roll over and wait for the next time.


BB.