Post
Topic
Board Service Announcements
Re: bitfloor needs your help!
by
ErebusBat
on 04/09/2012, 22:24:27 UTC
Holding our USD without our consent is illegal.  BitFloor must start accepting and processing USD withdrawals ASAP.
Unfortunately for those of us who had significant USD balances at Bitfloor, what others are saying is correct: Roman must now cease all activity — even activity that many of us would consider "the right thing to do" — and seek legal counsel. Assuming everything is handled sanely in the court system (a big assumption), we might expect a refund of our USD balances in a few months — either all or in part, depending on whether the balances were legally segregated and allocated, which I doubt they were.

Wrong.  Presumption of ownership goes to the segregated account holders.

BitFloor will be sued successfully for holding USD without their OWNER'S consent, unless there is a clause in the TOS stating that any USD deposited into BitFloor automatically becomes part of a single pool of assets with shared liability.

If the communist scumbag Corzine supporters wish to claw back USD that never belonged to them, they are welcome to try AFTER the rightful owners get paid, not before.
I understand your frustration, but your anger will not help anything here.