the charity fund which was supposed to be on escrowed
I can imagine the fund got larger than expected, and I don't know if bL4nkcode ever held tens of thousands of dollars before. But if an escrow was promised to donators, I would expect that not to be changed, and I would expect full transparency on spending funds.
I'm surprised by this:
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is bL4nkcode, and I confirm that this address 1CHAriTyyuCzLdXshSDVohyjgxTxW9Bhx is held by me and will be used as a donation address for Bitcointalk Charity Program https://bitcointalk.org/index.php?topic=5122205.0. Today 03/20/2019 PHT UTC +8
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1CHAriTyyuCzLdXshSDVohyjgxTxW9Bhx
HBOx/qJMW8pST80sy8eDtGykrMc/Tk37l/T5p6AfuZkAdZ1+I3K7xc6+6R8z3BEsXNWEn3ahxJtXb5na1ST9GMg=
-----END BITCOIN SIGNATURE-----
This is not best practice in the escrow business, a message is supposed to be signed from a staked address, not from the escrow address itself. It's 2.5 years ago so it's probably okay by now, but at that moment anyone with access to bL4nkcode's Bitcointalk account could have posted that message.
cabalism13 is basically asking whether the donations should be played with by converting BTC-->whatever and trying to time the market. That's tantamount to gambling with other people's kind gestures, and that isn't right.
Agreed. This is speculating:
Shall we convert it before BTC falls? and just convert it again when BTC has a low value again?
I'd say yahoo62278 is on the edge of making some serious accusations--I hope I'm wrong, but this whole thing smells kinda funny to me.
The lack of transparency is what makes it smell funny. A simple spreadsheet with donations and expenses could have prevented all this, and I would expect an escrow to require a clear overview. How else can the escrow approve expenses?
As for the Plan:
My wife is currently a BOOKKEEPER on a Bank, and somewhat can create an account for the Charity (if not it will be under my name or my wife). And after that the Passbook will be transferred to bL4nkcode once again, so trust issues can be cleared.
Creating a bank account in one name and giving someone else access doesn't sound good (if not illegal).