A return of funds? Not really. But where is the hope of fund returns now after all that has transpired? What is the likelihood of all creditors of Bitcoinica receiving satisfactory compensation from this mysterious Chinese credit fraudster? Seems to me the carrot and stick of "going to the authorities will make it impossible for us to compensate you" has been held out so long that the carrot is looking pretty moldy.
Then there is the remaining Bitcoinica funds which will remain locked until their provenance can be established. Note the exchanges involved say Bitcoinica has been unhelpful in resolving the matter up to this point.
Tell me, why are the vast majority of Bitcoin users not allowed to enlist government support because a few people don't like it? Nothing exists outside of institutional control and protection, and I can assure you most Bitcoin users are more than happy with that.
On the contrary, have no point have I attempted to deny access to legal support. All I've said is that I think you're more likely to see a return by non-legal means.
Its clear that many here disagree with me and to them I say - bravo! I want everyone to initiate legal proceedings and try to put these people behind bars!
BB.