http://blog.moolah.io/2014/10/19/recent-events/
If you haven't received your Karma yet you probably have about 24 hours to get Moolah to process your order.
As soon as the Liquidators take control of the Company, which based on the above I believe will be Monday (if they haven't already), they will stop processing withdrawals. I am not familiar with UK Liquidations in particular however it is probable that the exchange rate of Karma to British Pounds will be locked in as at the date the Company enters Liquidation for dividend purposes. You will most likely receive a dividend in British Pounds or maybe (although unlikely) in Bitcoin. In any event based on what I have read I think you will be extremely lucky to get 20 Pence for every Pound worth of Karma you own.
If it is any consolation the withdrawals Moolah have been processing recently will get the Director into tons of trouble legally. The damage however has been done, it will make no difference for him if he were to stop now.
Please do not vent on the support staff or the Liquidators, it is not their fault. Please remember it is likely the support staff will soon be losing their jobs.
I work in the Insolvency and Corporate Recovery (ie Liquidation) industry.
Chargin.
If you haven't received your Karma yet you probably have about 24 hours to get Moolah to process your order.
As soon as the Liquidators take control of the Company, which based on the above I believe will be Monday (if they haven't already), they will stop processing withdrawals. I am not familiar with UK Liquidations in particular however it is probable that the exchange rate of Karma to British Pounds will be locked in as at the date the Company enters Liquidation for dividend purposes. You will most likely receive a dividend in British Pounds or maybe (although unlikely) in Bitcoin. In any event based on what I have read I think you will be extremely lucky to get 20 Pence for every Pound worth of Karma you own.
If it is any consolation the withdrawals Moolah have been processing recently will get the Director into tons of trouble legally. The damage however has been done, it will make no difference for him if he were to stop now.
Please do not vent on the support staff or the Liquidators, it is not their fault. Please remember it is likely the support staff will soon be losing their jobs.
I work in the Insolvency and Corporate Recovery (ie Liquidation) industry.
Chargin.
Man, consider to change your signature
As Ryan said:
Quote
I know I have fucked up on a catastrophic level.
So, Mintpal is no more the best place to trade Karm. 