Post
Topic
Board Securities
Re: [BTC-TC] Virtual Community Exchange [WINDING DOWN]
by
Bitcycle
on 13/10/2013, 17:11:29 UTC

Burnside, this is an urgent matter.  Sam of Labcoin has claimed you confiscated the money he sent to the site to distribute as dividends.

I would expect you'd want to clear this up as quickly as possible.



Hi Burnside, could you comment on that?

October 13 Update

Monday we will start deploying the first batch of finalized hardware, amounting for 10 TH/S.
According to our estimations, we will reach 3 TH/s on monday, and about 5 TH/s  within Saturday.
Within Saturday 19, full hashing speed of the first batch will be deployed. a
We will receive more batches of hardware in the following weeks and deploy it accordingly.

This week dividends deposit on btct.co has been "confiscated" by Burnside, thus we were unable to push it to shareholders.
Given recent developments at bitfunder we are again looking for a platform to move our shares.

Good to see your back

Can you go into detail about how it was confiscated?

Transaction https://blockchain.info/pl/tx/3f22c73e677709ce39dfba1b23d6f5e1923238e7566d25dc806812af4e72856f never showed up on btct wallet.