Post
Topic
Board Service Discussion
Re: More proof that savegox.com is a sham.
by
btcusury
on 02/05/2014, 16:58:57 UTC
Hmmm, interesting research, Phinnaeus Gage.

So, according to your theory, Collins-Rector, the ringleader, was used as a fall guy, which allowed the FBI to close the case and obtain a couple of reliable assets with expertise in Internet technology and showbiz, whom they are now deploying to take over MtGox. The IC do this stuff all the time, so it's not implausible due to scope/scale... but, what would the purpose be?

Tracking major SR vendors? They probably have all the info they could get from MtGox, given how hackable/insecure the site was.

Controlling a major Bitcoin exchange? It would be equally easy to set up a new one... and MtGox's broken reputation makes its marketability uncertain.

So what could the purpose be?


Quote
Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

For most people with large sums stuck/lost in MtGox, even if what you say about Sunlot is true, it's STILL preferrable over liquidation. Getting goxxed by capitalist vultures is preferrable over getting goxxed by Japanese lawyers who just want to get rid of a hot potato the easiest way.

That some people would rather get ~20% or less of their funds, rather than the same quantity (or a little bit less) PLUS the possibility of recovering the rest over time, is mind-blowing.

Leading the push for liquidation on the customer/creditor side is Oliver Janssen (mtgoxrecovery.com, anarchystar). His motivation seems to be REVENGE. He doesn't care about the few millions he lost at MtGox -- odd behavior for a millionaire, but it seems his focus is on getting Karpeles behind bars.

AFAIC, even if Sunlot are FBI stooges, they are preferrable over liquidation.