"The announcement occurred when the ability to send wire transfers to Mt. Gox had ended on Friday. Perfect timing for maximum damage over the weekend."
Either Pirate is the worlds largest largest idiot and so badly blundered the announcement in such a way that 35% of the purchasing power of his investors funds was annihilated before he even began repayment .... or it was intentional.
Oh and idiots tend not to acquire a sum of 500K BTC.
There are many fools around here, but I don't think Pirate is one of them.
Do you all think he would work tirelessly for almost a year, for free, at a loss, just to reward you for being gullible?
Ethical considerations aside, he
would be a fool to give back the 5 million dollars he has craftily stolen, save a
Tom Williams parting gift.
Roll me in tar and feathers and parade me around town if I turn out to be mistaken.