Post
Topic
Board Service Announcements
Re: {ANNOUNCEMENT} WBX Exchange Frozen
by
PatrickHarnett
on 15/08/2012, 08:29:28 UTC
On the price appreciation, that sounds nice for those out of pocket $$, but those out BTC might be less happy.  I don't think there was ever a comprehensive list of creditors available either.  Given six months has passed, some pro-rating payment might be easiest to put the whole thing to rest.

I did consider that Patrick, however the opposite would be true if the value of BTC went down since then. Having through about it carefully, repayment amounts for the purpose of paying back customers should be calculated as of the rates at the time WBX was shut down.

Happy to hear recommendations though. I agree that something should be done given the time that has passed.

Has anyone made progress from a legal front?

Dooglus, whats your stance?

Yes, the opposite would be true - people tend to look at self interest, and if 1700BTC or what ever it is is was worth only $1700, the BTC holders would be pissed off and the $$ holders out of luck.  (hmm, nice asymmetry)

Anyway, I'm still looking at recovery although my progress is slow - but that only addresses one person, and not the actual number of WBX scammed people.  Andre should have some shit land on his doorstep for this mess, but certainly there are many people involved.  It have been six months (or so/or nearly), so some division seems sensible.

either way, it's messy - if I ended up with 1/2 of what I was owed, I'd be content