Quote from: BitBuster on July 30, 2012, 04:40:41 PM

Quote from: Yankee (BitInstant) on July 30, 2012, 04:07:49 PM

Dude, instead of lashing out and requesting information in bold lettering. Have you even emailed or called Patrick to ask him?

Hi Charlie, I'm not lashing out at anyone except for perhaps Zhou. I think it is much better that Patrick posts here himself rather than me asking for a private response then posting it here. Others could accuse me of making it up or even mis-quoting. The words are much better from the legally-qualified horses mouth.

Quote from: aurumxchange on July 30, 2012, 04:20:56 PM

I can assure you that neither one of us needs the headache, the personal time invested, nor the lawyer bills we are getting regarding this issue, not to mention have our company's name dragged through this circus. Please be considerate to that fact.

Roberto, while I appreciate the sentiment and believe that you have acted admirably, what you describe is an inevitable and repetitive consequence of operating a bitcoin exchange. Your profit margin is the reason that you are involved with bitcoin and thus bear responsibility to persue the criminals who use you. It has no doubt been a stressful time, but it was your choice to enter the market and take on that responsibility. Please don't take this as an insult, because it isn't. I'm just stating the fact of the matter. Gotta take the rough with the smooth.

Quote from: bittenbob on July 30, 2012, 04:31:47 PM

So far Zhou has managed to transfer 15k BTC out of 20k BTC and 140k USD promised.

This is what I don't get. If "Chen" admitted guilt and agreed to pay up, why does there even need to be seperate transactions? Surely one transaction equalling the total amount is all that's required? Is this yet another delaying tactic by Zhou or a means of keeping the dogs at bay ("dont kill me now, I can get the rest of the money")?

BB.

Hey,

Sorry if I seemed agressive as well, the amount of trolling that goes on here, it's hard to differentiate.

1- Your 100% correct. Patrick has been gathering all the details so he can answer questions like his next course of action, legal standing, wallet ownership, ect.
Him and I have a call in exactly 3 minutes from now to discuss it, and he will make a forum/blog post about it in a little bit.

2- Of course we are looking out for our profit margins. However, everything we do is for the greater of Bitcoin. In order for our businesses to succeed Bitcoin needs to succeed and we use our Businesses as front line fighters for Bitcoin. If we have a legal team, than we will use it for the greater good of Bitcoin. MtGox, AurumXChange, Bitinstant and other companies pay salaries to put food on the table of it's team members and their families. This is survival for us.

-Charlie