Quote from: dogie on June 18, 2015, 01:17:09 AM

Quote from: gmaxwell on June 16, 2015, 05:40:24 AM

Quote from: pmorici on May 05, 2015, 01:28:03 AM

Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things.

I just found out about this and it blew me away. When the crap hit the fan and hashfast refused to make good on their promises to early customers I'd down-rated cypherdoc-- after all, he traded on his reputation to convince others to buy and when it didn't go as he presented if his reputation didn't take a hit, what good is reputation as a signal? Subsequently he convinced me that in spite of his paid shilling he was mostly just another victim of this mess and convinced me to remove the rating; the shilling was crappy, but everyone makes mistakes and his "losses" in hashfast surely were enough punishment.

Today I read that litigation and discovered that he actually received 3000 BTC for his shilling services plus other considerations (and even a refund on an order), and walked with it while so many of the rest of us got squat. What the ?!?! So much for just another victim! I've gone and restored my negative rating, damn.

Can you find us an excerpt or passage discussing this? I had a look but there are 100s of pages it could be hiding in.

The case number is 15-03011 in US Bankruptcy Court Northern California. Check out document #1 toward the bottom of the page. The case is against cypherdoc aka Marc A. Lowe an eye doctor in California.