Quote from: frank93 on January 14, 2014, 08:03:32 PM

Quote from: FUKT on January 14, 2014, 08:01:31 PM

Just a quick question. If hashfast converted the btc he received for payment into USD then how is he supposed to pay back the same btc at todays rates. For example, lets say he received 8 million in payments and half of that was Btc, to pay back half of that at todays rates would mean he now owes everyone 40 million in btc.

you have to stop "thinking" in USD. hashfast received BTC and shouldv'e kept those, for refunds. simple as that. they don't care about other currency's value, so we don't as well.

You could also subpoena Hashfast records and hire an investigator to comb through HashFasts BTC transactions log to figure out what happened to the BTC.

If any of it was left in storage in some wallet then that means HashFast is able to issue (you) a refund. It also means that if they elect to change the remaining (assumed property) to cash they would be seriously enriching themselves.

If you got a crafty lawyer who'd bleed your pockets dry by hiring all the right people, you could certainly point to a HashFast owned BTC wallet and state they have the property in their possession to return it. Making the USD refund a moot point.

I recall vaguely someone pointed out a BTC address had 2 or 3 thousand BTC in it. Someone else commented that was probably enough to refund just their order. (Somewhere earlier in this thread)

So if there is that kind of evidence laying around, it would mean HashFast has not converted the entirety of it's customers property to USD.

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I recall the earlier conversation was somewhere around the spat that a rep had alleged something about black mailing. (I don't recall)