Quote from: btcusury on May 02, 2014, 04:58:57 PM

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?

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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.

D.E.N. OF INIQUITY ; CHAIRMANS EXIT FOLLOWS PEDO SUIT

http://nypost.com/1999/11/03/d-e-n-of-iniquity-chairmans-exit-follows-pedo-suit/

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The chairman and co-founder of the red-hot Internet start-up Digital Entertainment Network resigned after settling a lawsuit alleging he sexually abused a 13-year-old boy.

Marc Collins-Rector, 39, hastily departed from the company last week just a month after it filed for a $75 million IPO.

Two weeks after the company filed its documents with the SEC, Collins-Rector was served with a lawsuit claiming he picked up the 13-year-old New Jersey boy online in 1993.

The suit alleges that Collins-Rector who previously founded the company Concentric Networks met the boy through a Concentric bulletin board using the name Cyberpoet, Businessweek.com reported yesterday.

After allegedly offering the boy a job and flying him to his home in Bay City, Mich., Collins-Rector used his age, his corporate position, his home, his wealth, and his maturity to commit acts of sexual abuse, the website quoted the lawsuit as claiming.

The relationship allegedly continued until 1996, with the boy visiting Collins-Rector after he moved to Beverly Hills to start DEN.

Ronald Palmieri, a lawyer for Collins-Rector, denied the allegations in the suit and said it was settled amicably two weeks after it was served.

He declined to say whether the settlement included any payment.

In a statement, DEN said Collins-Rector had planned to leave the company to launch another technology start-up, and the claim against him accelerated his departure.

Palmieri said his client hastened his departure to make sure the lawsuit did not adversely affect the company. DEN was preparing for its IPO, and Mr. Collins-Rector did not want any negative impact of the unverified allegations to come against the company, Palmieri said.

When Collins-Rector resigned, he was followed by the two other co-founders, Chad Shackley, 24, and Brock Pierce, 18. Shackley and Pierce were not named in the lawsuit.

Collins-Rector will hold 46 percent of the companys equity after conversions, his lawyer said, and his voting power is in the hands of two outside directors.

DEN which has backing from giants such as Microsoft and Dell produces short streaming-video for the web.

A Chase Manhattan venture fund holds an 8.09 percent stake in the company, as does Cassandra Chase, a venture partnership between the bank and money-manager to the stars Dana Giaccheto. Cassandra Chase is separate from Cassandra Inc., which is Giacchetos company that buys blue chip stocks for the likes of Leonardo DiCaprio.

One stunned investor in DEN, upon hearing news of the lawsuit, simply said: I dont believe that.

The investor went on to say the company would succeed anyway.

I think theyre a cutting edge content-provider, and they have a good chance of winning in this space.

Disgraced stockbroker Dana Giacchetto surrenders on federal fraud charges after already ripping off A-list stars

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Giacchetto gained infamy in 2000 when he was charged with stealing nearly $10 million from the likes of actors Ben Stiller, Matt Damon and Tobey Maguire.

Prosecutors said Giacchetto used his stolen riches to prop up his investment firm, the Cassandra Group, and fund a lavish lifestyle on the Hollywood party circuit.