Post
Topic
Board Bitcoin Discussion
Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
by
zhoutong
on 12/05/2012, 11:56:24 UTC
- Likely we will either shut down the platform or re-develop entirely (which will take months instead of days).

Why would you need to re-develop for a compromised email server?

Maybe to use P2SH, Armory cold storage or some other secure means of transaction/storage from the ground up.

A good idea IMO, but if they don't reimburse users I don't think anyone would want to make business with them again. Trust is above tech in this business.

We will reimburse everyone in full. Bitcoinica is a limited partnership, not a teenager's experimental project.

Does that include BTC or is it just US$ as you seemed to imply before?

Everything. We will purchase BTC to return the funds if we don't have enough reserve.