Post
Topic
Board Service Announcements
Re: bitfloor needs your help!
by
iCEBREAKER
on 07/09/2012, 00:18:37 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.

Nope, they (and you) were 100% flat-out wrong.  That's what happens when you disagree with me.  You turn out to be wrong.  Usually sooner than later.   Grin

Cheers to Roman for doing the right thing, and for checking with a lawyer to make sure the law still allows for such outrageous meritorious actions!