I think you are reading too much into it. I a guessing AN email account was compromised that allowed for reset password into the server with the wallet.
A simple page really should have been put up for now on bitcoincia.com There are so many easy ways of doing it, even if it just said, were were hacked, we will respond next week. Leaving nothing on that page for this long is not fair to the users.
- Later we found out that Patrick's email server was compromised, and since he is in our mailing list, all emails sent to
info@bitcoinica.com were delivered to his compromised email account.
Read Zhoutong's last posts for the info.