So I'm going to respond to the last several posts in this one.

1) I don't know where you guys missed the boat that all the old owners are gone.  WE ARE ALL VOLUNTEERS WHO STEPPED UP TO FIX THINGS!  Seriously?  We could have been like the rest of you who sat around and did nothing.  Yes, it sucked and yes it's maddening; instead we got involved in an effort to get all of us our money back.  What do I hear? Endless whining and complaining attacking and accusing us of stealing your money.  So far we've invested a good 50k+USD worth of time and resources into rebuilding the entire exchange from scratch since everything fell apart in April.  Please, complainers, show me where you've done as much effort.

2) The full details and story WILL come out.  As you all know, our crypto currency community is fraught with twisted tales.  I'd rather get all the angles and stories before releasing everything all at once.  Again, this is not new news, it's been talked about since I took over in May-ish that this is coming.

3) Ok, so I thought this was common knowledge but as I'm a tech guy and not a marketing, sales, etc guy it wouldn't surprise me if this knowledge didn't make its rounds.  It is no secret as to how everyone is going to get repaid and I'll outline it below:

I) The new exchange has no insolvency, therefore it will never hinder deposit/withdraw of new items.
II) As each coin is brought online in the new exchange the solvent coins from the old 1.0 exchange are divided up among all users who previously had a balance in that coin.  IE: if 80% of the coins remain, everyone gets 80% reimbursed.
III) Any remaining balance that is insolvent gets pushed into a CRB (CryptoRushBond) that is a fixed IOU of a 1:1 ratio of either BTC or LTC.
IV) Anyone who wants an instant out will be able to sell these CRB's to other members who don't want to take the risk of seeing their debit repaid.
V) As the exchange makes money on it's fees, minus bills to keep the servers running, CryptoRush will buy these CRB's until there are none left.  (CR will not pay more than the initial quoted 'bond value' at time of release so it's solely up to you if you hold on to them or whatever.)


I didn't create the mess and I'm trying to get you out of it so stop attacking us as it's doing you no good towards getting your money back and discouraging those who are working hard to make things a reality.