Re: [Weexchange issue] The fall of Ukyo III - Updates and references
Instead of talking shit for another 2 pages, has anyone claimed more then one allotment of btc from their weExchange accounts?
I withdraw the first amount a couple of weeks ago (less then 7% of the total balance), it really shouldn't be taking this long I would have thought.
I withdraw the first amount a couple of weeks ago (less then 7% of the total balance), it really shouldn't be taking this long I would have thought.
No, everyone has only been able to withdraw 6.175% so far.
Wild speculation
Assuming that this is indeed a legal issue it could easily be related to bitfunder which was closed for unknown reasons (right?). The weex coins are obviously involved because a big part of them was used for trading on bitfunder.
All the coins could either have been seized or more likely Ukyo could have been ordered to hold them until the legal issue have been resolved.
From IRC about two weeks ago:
Quote from: #weex
Are you able to say where the available coins came from btw?
yes but he wont
Kanoi is correct that this get's into issues where I have to tread very carefully. Those were paid out because I believed it was the right thing to do.
Assuming that Ukyo is speaking the truth, it sounds like the dispersed coins were different to the unavailable coins in some way. Saying "I believed it was the right thing to do" makes it sound like he got into a bit of trouble by paying out those coins.yes but he wont
Kanoi is correct that this get's into issues where I have to tread very carefully. Those were paid out because I believed it was the right thing to do.
Danny said that amount of available coin were 386 btc. There was about a month between Ukyo said "shit has hit the fan" and Danny making this statement. The deposit addresses had been removed from the site before that period, which means that the available coins probably isn't deposits made during that period.
The available coins could come from the withdrawals made since bitfunder closed. 386btc is a quite small amount for an exchange but that makes sense because fewer people would deposit knowing that bitfunder was closed. It would also make sense that Ukyo would believe he could pay out those coins because they could not have been involved with bitfunder since it was already closed.
Again, remember that the above is just speculation. I am not trying to justify anything. I am just trying to find the story that requires the least assumptions(Occam's razor). I am yet to find a scammer story with less assumptions.