Ok, I think I have a clearer picture now and this is the working hypothesis that they used 110nm to prove the hashrate (which is probably cheap to produce but expensive in use) and created a ponzi.
I see all 3 companies involved + all the people from the boards including "David", FC and Rock Xie.
I understand that Rock, David and FC were/are members of the board of AM. I am not sure if there were other people involved.
Well... it looks good! Now we need proper translation of this document. Can please someone provide information on the following:
location of Asicminer (Bitquan)
details of this "David" and his whereabouts address etc.
We will be looking for legal assistance somewhere near those locations. Perhaps someone can recommend a legal practice willing to assist/represent us in this matter?
I can imagine that if it comes to fraud Chinese state is quite harsh especially when it emerges from some dodgy cryptocurrencies/bitcoin industry. I think we may have quite strong argument at hand to convince all those people that it is in their best interest to find quickly a solution for the problem no matter if FC is alive or dead.
Fully agree, found email to report them to 1. Ministry of Public Security (MPS) they cover 6) use of the Internet for theft,
fraud and extortion; their email is
http://www.cyberpolice.cn not sure if its best to all separtely email them or as a group, what your guys think?
We want them to pay and it may be difficult to do so from behind the bars. We need Chinese lawyers to make contact with them. I think criminal option is the last resort when everything else fails.
Just some thoughts:
If you have ever dealt with some Chinese officials regarding a fraud case, you know that this is - to say it politely - difficult. Often it turns out that they find fraudsters, get money from them and let them go. Happened more than once in cases I was involved in as a researcher.
The same is true with lawyers. You HAVE to know who you are dealing with, and the best is often someone who is not from the area.
Also consider hiring a private investigator. This is risky, though, for the Chinese officials don't like other people doing the research. However, there are some who come out from governmental agencies and know how to find evidence, persons and hiding their own tracks at the same time.
Just my 2 cents.
I have never had any experience with Chinese lawyers. Perhaps the best way would be to do so thorough HK. But it would be very costly.
I would rather try the hard way and find someone locally, preferably in the area where Bitquan is. This case is about white collar crime. The injured are the people from various jurisdictions and the Chinese as well. It is way to early to discuss the retainer however it has to be someone with good English and willing to assist us. Perhaps those people will hire someone so it will be much easier. Should we not succeed with the recovering our hashrate and the coins we will just ask the lawyer to file an official complaint against all the parties involved in it to Chinese criminal authorities and see what happens. But no matter how uncivilized China is I do not think that Bitquan people want to be involved in such a proceedings as it is very likely to end up in a criminal court. Do you think that someone will be doing any business with them if they have such troubles?