being cynical: people with large deposit potentially have a lot in fiat too, may have the connection or means go after him legally. For small depositors, they have no means of making the claim and it's such a complex case from a legal perspective.
This whole thing stinks to me. He's prioritizing higher deposits because that is the liability. The issue is that there may be a lot of small deposits with a large sum of BTC. He's ignoring all of that.
I've e-mailed and heard nothing back.
I'm considering that we start contacting legal authorities on this.
I do believe TF was hacked. I get that. What I don't get is the handling. This hack seems like an excuse to rob everyone and not communicate, etc. It's grossly unfair.
I'm thinking for those in the U.S. we follow this advice:
http://travel.state.gov/travel/cis_pa_tw/cis/cis_4522.htmlI intend to start that tonight.
Based on this USD fiat conversion, I would get back about 18% of BTC I put in. The value of BTC is much higher now, I don't want USD back obviously. The question is where did the other 82% go?
If the 4100 coins stolen where 82% of the funds that means that 5000 coins where on deposit.
According to the thread:
https://bitcointalk.org/index.php?topic=328053.0;topicseen more than 6000 coins where deposited.
Even if I assume that all of the loans won't be paid back (which is, I imagine, typical of a lending service) the numbers do not add up. We are all taking a huge loss and there is no explanation of where that loss goes. The BTC didn't just disappear, someone has it. The hacker has some, the borrowers have some, and TF has some. How is it that the borrowers take the cut and TF walks away with 1000's of BTC worth several 100 thousand. I'm not buying it.
CryptoUser01