Hi all,
In the light of a lack of a clear statement from TF stating his commitment to repay his depositors to the best of his ability, it is getting harder to write posts like this.
However, I always assumed it was not going to be possible for TF to be able to get all his debtors to pay him back immediately. It also makes sense to me that he would be trying to collect a significant pool before beginning to distribute. If this is the case, then I am willing to give him the room that he needs to work and be grateful that I get anything back.
Personally, I don't think that TF should be making his full accounts public just yet. It does seem that he is trying to hide his own poor judgement (single point of failure, lending to businesses with exchange risk, etc), and may be trying to hide the fact that CL might have been in trouble even before the hack given that ASICMINER shares had plummeted and his debtors had been apparently defaulting.
Even these things I can forgive as it was me who decided to invest in a business that had "this is not real" plastered all over it, run by a guy who would not reveal his true identity. I didn't expect a JP Morgan level of competence (oops).
What is getting harder to forgive is after failing to send out the mass email as promised last week, there has been no new timeline for when we can expect an accounting of the situation and, most especially, a statement that he is committed to recouping and distributing to the depositors as many bitcoins as possible. At this point, I am not expecting everything back, but every last bitcoin would help.
To TF: There is a lot of anxiety out here and this hack has created a lot of hardship for a lot of your depositors. Please respect the trust we placed in you and communicate clearly with us what is going on and what you intend to do. It is the responsible thing to do.
To other depositors and people who have relevant information about TF, Coinlenders, and the Inputs hack, I am begin to research and article which will be posted on my website bitcoinwarrior.net. If you have any information that you think should be included, please contact me at
editor@bitcoinwarrior.net.