Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
glendall
on 07/02/2014, 01:22:29 UTC
If I thought he was hiding funds in any way then I'd be shouting about it because 70 btc odd are bloody mine and many people I know have funds stuck as well Sad Anything about governmental gag orders is pure speculation and they certainly would've have been broken by anything that's been said.

The funds aren't available can mean multiple things. I can only say that afaik this is true, that to my knowledge ukyo didn't use or steal them, and he is working on finding a way to pay us all back. At least last we spoke but that was some two months ago now. I really need to catch up and see if I can find out what the situ is.


Please give me one single plausible reason why Ukyo would not be able to tell us what happened to all of our coins.

I can not think of a single circumstance where this would be legal and moral.  

The bare facts are: he took deposits knowing he could not pay them back. He used other peoples deposits to pay people who tried to withdraw earlier. He is defaulting on his loans. Millions are missing. He refuses to tell us any details. He paid us 6 cents on every dollar he stole so far.

There are no possible legal reasons (that I can think of) beyond 'if I told you what happened, you'd be able to sue me more easily.'  That's the quote-unquote legal reason that he has for not telling us what he ******** did to all our money.

I admire your optimism.  But how long you going to wait? What if continues to say nothing for another month? It's already been 2. What about another year? Are you okay with that? Because Ukyo has shown 0 progress on this matter. He seems to spend more time on the forums here defending himself than anytime resolving the issue. Why? Because there isn't anything to resolve, he stole the coins, is the most likely answer.