When pirate disappeared I did pay out the insurance claims, but by that point nearly everyone had left my program to deposit directly with pirate, leaving my insurance fund to cover far more of the remaining balances than expected and leaving users ecstatic as they had been also receiving interest for months.
Putting aside the very strong evidence that you straight up stole from investors:
The ~
BTC2,600 that were invested a few weeks before the collapse (August) had a
BTC65 'reserve', which was eventually paid out to 4 investors when their ~
BTC1,000 combined balance was written off.
I estimate you made well over
BTC1,000, risk free, by paying out less than half the interest you received from pirateat to your 'investors'.
But yeah, you put
BTC65 aside for when it collapsed. While keeping almost 20x that for yourself and at times having more than 60x that invested. Good for you.