We're talking about reputation of burnside vs. reputation of... labcoin? srsly?
Nefario: You are obviously unqualified to be anywhere near a project of the complexity of an exchange, even for play money (which I suspect BTC are, for most of you here, at least judging on behavior records).
If that is the way you speak to someone of Nefario's standing in the community I wonder what you speak to your customers like. There is no need to descend into a slanging match.
There's plenty of history to learn from 'round here.
Yeah, let's provide just half the story. Where's the other half about how he was running a fractional reserve, shutdown the site overnight, and didn't give anyone time to download their account records or withdraw their coins.

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.
bitcoind@somehostname:~$ bitcoind getbalance XXXlabcoinXXX
5.20508040
Methinks they should hit the refresh button on the wallet page before making silly unfounded accusations. (no, the account is not really XXXlabcoinXXX.)
