Post
Topic
Board Service Discussion
Re: CoinLenders, Inputs.io, Tradefortress (HACK)
by
gotpetum
on 06/12/2013, 19:25:58 UTC
We will file to investigate TF in Beijing soon.

If it's true, when the police get our bitcoins back they want know who they should refund.

If you have any interesting,fill a authorization letter pls.


Hi JH,
Thanks for your initiative. A few comments and concerns.

First of all, the web site only mentions the 4100 BTC. However, TF disappeared with a lot more coins than that, which he hasn't even claimed were stolen. For example, TF liquidated some of BTCINVEST to CL after the hack. Also, he's still collecting dividends on a lot of BTCINVEST's ASCIMINER shares.

TF now has three classes of assets: (1) bitcoins which he owns directly, (2) bitcoins which may have been stolen, (3) and underlying assets held by others (FC and CL loaners).

Without the police, (1) is nearly lost, but we could at least dox him and make sure his tarnished reputation follows him forever. (2) is probably gone. For (3), we could ask FC to transfer ownership of his shares to BTCINVEST invenstors, and we could ask loaners to send repayment to CL investors.

The Beijing police have the same options available to us, except two more. (A) They can force FC to transfer ownership to the police, and then we try to get reimbursed from the police, or (B) they can put TF in jail. I think these additional two actions are unlikely and ineffective.

So, I'd prefer only to authorize you to keep up your investigation of him in China, but I'd prefer not to authorize the police to "take over" the investigation and beat up FriedCat :-)

Thanks!