Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
PuertoLibre
on 15/01/2014, 03:12:56 UTC
HashFast would have to prove that they didn't store the BTC somewhere. They would have to prove that they converted it at an exchange.
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.
They have kept some of the Bitcoin they were sent.  I have posted one of the addresses already in this thread.
https://bitcointalk.org/index.php?topic=262052.msg4459335#msg4459335
The address 17Vj6tneMEueGgS64aEiNr1fHurEiEHZas still has the Bitcoin that was sent there.
https://blockchain.info/address/17Vj6tneMEueGgS64aEiNr1fHurEiEHZas
It does not require an investigator to determine if some of the Bitcoin payed by customers is still held by HashFast.
Just trace it back from 17Vj6tneMEueGgS64aEiNr1fHurEiEHZas to HashFast's Bitcoin address 17hCi8apMUkzzLLJgUwfXxRJuykuo5Lcur
https://blockchain.info/address/17hCi8apMUkzzLLJgUwfXxRJuykuo5Lcur

Holy CRAP!

On what basis are they refusing to send customers property (BTC) back to their rightful owners?

Ought to get a judge to legally freeze that huge cache of BTC.

27 MILLION!?

Edit: Nevermind, I am an idiot. I didn't realize they already transferred it out to "unknown" parts of the blockchain.

Edit2: If you look through the transactions you can see some end points still are in [large cache's of] BTC. Whether it remains in hashfasts hands or not is up to an investigator.