Hi all,
I agree that Mintpal should take responsibility for the losses. It is their negligence that lead to this mess.
Holding up the withdrawals and demanding the payment from the developers under duress is illegal. They can't hide behind their t&c's either. I don't think it would be particularly good for their business if they insist on this solution.
Regarding the future of this project and possible release of non-tradeable "B class" coins (to prevent future attacks), I would support that idea. I know it may not seem ideal to put so much faith, in what are effectively strangers, but majority of investments will require a considerable amount of trust in people we've never met - it comes with the territory. Safety is a priority, so if that's what it takes to make sure this doesn't happen again, than so be it. I don't think we should rely on people keeping the coins in their wallets - that would not be very wise (especially after it was proven not to be a good idea)
If I was uncomfortable with accepting this solution I'd sell and move on but that's just me.
There already has to be trust in the board to deliver what they promised for anyone to invest in the first place, so I don't quite understand why it creates so much friction. There are undoubtedly many ways in which investors could be screwed over here, so if people think that that's what the BOD is up to, then they should perhaps look for a different investment, where they wouldn't have those worries.
We have to remember that it is those guys that are doing ALL the work that may potentially make us rich one day (and would get nothing in return from us for it). A little respect would not go amiss.
I'd also like to thank the board for taking this project so far and for the way they are trying to deal with this issue. I think you guys are doing a great job and I am grateful to have an opportunity to be a part of this. Please don't take too much notice of the abuse you may be getting on the boards - it's just the way it works, and there's nothing anyone can do about it. That unfortunately also comes with the territory.