Quote from: mgio on December 14, 2013, 06:44:26 AM

Quote from: hammurabi on December 14, 2013, 12:38:57 AM

Quote from: cryptocyprus on December 13, 2013, 07:58:21 PM

As was announced earlier, most of the coins that were stored in WeExchange.co are now gone. We are still limited in what we can share about how that happened, and what is being done about it, but we do have some updates.

There are still approximately 386btc available in the wallets. These coins will be paid proportionally to all owed users, based on current user balances, by Monday night.

All old withdrawal requests will be removed and each user will need to initiate new withdrawals when this new balance is ready.

Full instructions on how to access the site to process these withdrawals will be provided by 5pm (GMT+2) on Monday 16th December, when you should be able to withdraw the portion of available funds allotted to your account.

This is far from ideal, but it gets every satoshi that is available to those with outstanding balances. When we are able, we will announce more details on what is being done to repay the remaining coins that are owed to WeExchange.co users.

The proportional withdrawal looks good on the first glance. But it should be considered more carefully because not every balance to be returned is of the same type of risk:

1. Coin which was deposited after "the accident". This coin should be paid back first as it should not be used to repay other debt from before the accident!
2. Coin which was deposited before "the accident". This coin should be paid after the returned coin from the above point.
3. Coin which comes from selling Ukyo.loan. This coin should be paid the last. I am stressing on this matter since ukyo.loan shareholders in my opinion should be the most affected group as they were paid for risk taken while regular deposits were supposed to be risk-free. Treating regular deposits the same way as balances coming from closing ukyo.loan would not be fair!

This proposed order of resolution depends of course on type of the "accident". Since we don't know exactly what happened You must be the judge on that matter.

No.

Ukyo.loan was a risk-free investment, just like deposited money in bitfunder or weexchange . They should all paid back proportionally at the same rate. The only way ukyo can get out of paying them would be to declare bankruptcy. Otherwise it is fraud.

I think we can agree on 1 but 2 and 3 are debatable