Post
Topic
Board Service Discussion
Re: SaveGox.com
by
edmundedgar
on 03/05/2014, 10:30:44 UTC
Does Sunlot really intend to pay out before the police investigation is completed, even at the risk of giving the legitimate creditors' money to the people who have already robbed them?
I think this is obvious.  The press relase says: "Sunlot would immediately distribute Mt. Gox assets on a proportional basis determined by an independent audit"

The audit should reveal any mismatches between balances due to deposits, withdrawals and trading, and balances which are inflated due to manipulation of the database, double withdrawals due to malleability, etc. 

You're being very optimistic about the powers of the audit there. That should be possible if Gox had reliable systems, kept thorough, accurate, comprehensive records, kept proper, archived backups and didn't tamper with any of the data, but do all those things sound likely to you? Bear in mind we're talking about people who didn't even keep their code in source control...

Either way I'd like to hear Jon confirm that Sunlot intend to pay out to creditors without waiting for the police to finish their investigation, which presumably he'll do if it's as obvious as you say.