Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
WeexUser
on 23/01/2014, 21:36:05 UTC
The second issue prompted the sudden halt of withdraw system. Might that be the block-issue? Where bitcoind couldnt load or process a certain block so it stopped in the blockchain?
The block issue is a new separate issue that happened to some bitcoin clients at the end of December and it can not be related to the cause of the withdrawal issues that started in October-November.

  • The first issue is bitcoind not being able to handle the huge wallet and restarting. Ukyo started doing the manual withdrawals after being unable to make a quick fix for this problem.
  • The second issue is the actual problem. It is the issue that Danny refers to as a "legal issue" that he can't talk about. Ukyo now states that it started around the 15th November. It was also around that date he stopped doing manual withdrawals, stopped writing on the forums for a month, and said on IRC that "shit has hit the fan", so his story matches up perfectly.


I think I just noticed something important in what he said:
Quote
When did you first hear about the "other" issue?
within 4 hours of disabling withdraws
and stopping the manual ones
rahter
If this is true it basically debunks the theory that the coins were stolen (by other people than Ukyo at least), since he would obviously not have been able to continue to withdraw coins for 4 hours.