The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.

you think there's a hope to get back our btc?

Which is the most trustworthy BitCoin web wallet as of yet against which there's almost no user complain ? I think those owners revealing their real world identity are the safest. Please suggest which one you use...

p.s. I am looking for user's opinion rather than owner's certification.

thats exactly what I was thinking, just my reading about it was months ago and became a little blurry.
so both my wallet and blockchain.info are fine.

THANK YOU!!

anyway, that scarry experience went good for me anyway, I am just transfering all my wallets to special netbook that will be used only for operating wallets. that is the most secure way, isnt it? not a single other program copletely cleen , just updated original system with new updated antivirus and runnig firewall.

Yeah, same here!

It is a really long wait, but there's still no evidence on being bad guys as they update us. Yeah, they had updateing issues, but I believe they will do as much as they can!

I may be misreading you but I got my refund via paypal, I am not sure what you are suggesting here.

Okey, dokey!

https://www.paypal.com/webapps/mpp/ua/useragreement-full#10

Here ya go!:

"10.4 Actions by PayPal - Court Orders or Other Legal Process.

PayPal, in its sole discretion, may take various actions including placing a hold, Reserve, or other limitation on your Account or the funds in it and/or releasing any or all of your funds in the event it receives notice of a court order or other legal process that restricts the use of or access to your funds or requires their release. PayPal will give notice of a hold, Reserve, or limitation it makes to comply with a court order or other legal process, unless the court order or other process directs that PayPal not provide you notice, in which case the court order or other process supersedes any notice obligation PayPal has undertaken or agreed to under the terms of this Agreement. PayPal has no obligation to contest or appeal from any such order or process. Holds, Reserves, or limitations on your account that are placed in response to a court order or other legal process may be maintained longer than 180 Days. PayPal will decide in its sole discretion the appropriate scope of a hold, Reserve, and/or limitation to assure compliance with a court order or other legal process.

Additionally, in the event PayPal receives notice of a garnishment or equivalent legal process directing the restraint of funds in your Account or directing payment of funds from your Account to the court or another third party, PayPal may limit your Account and hold the funds in it for up to 180 days, and may disburse funds from your Account, as needed, for the purpose of resolving any Dispute, Claim, Chargeback, or Reversal."

Take special note of this:

" PayPal has no obligation to contest or appeal from any such order or process."

Nope.

Read my post again.

No one hid any assets at all.  The transactions were open and no effort was made to conceal them.  The proceeds were even put towards the debts by the debtor but that made no difference to the Trustee who reclaimed the cars and dumped them into an auction as the Trustee found that the transactions had been completed in anticipation of bankruptcy.

Dealing with the bankruptcy court Trustee is a whole new world and is a game played by the Trustee's rules, some of which are made up as the Trustee goes along.

Good luck!

My $.02.

It's not about hiding assets but BTC being used.  Find us a court case where BTC was recovered from a closed business.  Assuming TH really does close being a LLC.

That is exactly what I am saying.

The powers of the Court Trustee are, to use a trite phrase, "broad and sweeping".:

http://www.muchshelist.com/knowledge-center/article/powers-and-duties-of-a-chapter-7-bankruptcy-trustee

From the citation:

"Duties of the Trustee




The overarching duty of the trustee is to collect and liquidate the property of the estate and to distribute the proceeds to creditors. The trustee's specific statutory duties, as set forth in Section 704 of the United States Bankruptcy Code, include the following:

    To collect and reduce to money the property of the estate and close the estate as expeditiously as compatible with the best interests of the parties in interest;
    To be accountable for all property received;
    To ensure that the debtor performs his or her intention as to retaining or surrendering property of the estate that secures consumer debt;
    To investigate the financial affairs of the debtor;
    If a purpose would be served, to examine proofs of claims and object to any that are improper;
    If advisable, to oppose the discharge of the debtor;
    Unless the court orders otherwise, to furnish information concerning the estate and the estate's administration as requested by a party in interest;
    If the debtor's business is authorized to continue operating, to file with the court appropriate reports and summaries, including a statement of receipts and disbursements; and
    To file a final account of the administration of the estate with the United States Trustee and the court.

Powers of the Trustee

The trustee in a Chapter 7 liquidation case is authorized to employ accountants, attorneys, appraisers, auctioneers and other professionals to assist in carrying out his or her duties. Additionally, the trustee may use, sell or lease property of the bankruptcy estate, subject to a notice requirement. However, there is no notice required for a trustee to enter into transactions in the ordinary course of business if he or she is authorized to operate the debtor's business. The trustee is also authorized to obtain unsecured or secured credit in connection with the operation of a business and assume or reject executory contracts or unexpired leases of the debtor.

A trustee is vested with significant powers to aid in carrying out his or her fiduciary obligations to the bankruptcy estate. Among them is the ability to move to dismiss a bankruptcy case for cause, including unreasonable delay by the debtor that is prejudicial to creditors; non-payment of any fees or charges required under certain provisions of the Bankruptcy Code; and failure of the debtor to file certain information required under the Bankruptcy Code. The trustee may prosecute an objection to a discharge granted to an individual debtor. He or she may also object to proofs of claim filed by creditors in a bankruptcy case. The disallowance of a proof of claim or a reduction in its allowed amount has a significant impact on what creditors ultimately receive when the trustee distributes the funds on hand in a bankruptcy estate.

The most significant of the trustee's powers are generally referred to as avoidance powers, and they are often the subject of litigation in the Bankruptcy Court. Known as the "strong arm clause," Section 544(a) of the Bankruptcy Code gives the trustee the rights and powers of a judicial lien creditor or a purchaser of real estate, whether or not there is an actual judicial lien creditor or purchaser who may be able to exercise the same rights. Section 544(b) allows the trustee to bring actions that an unsecured creditor could bring (including state law fraudulent conveyance actions), while Section 545 permits the trustee to avoid the fixing of certain statutory liens. Section 547-Preferences authorizes a trustee to avoid certain transfers of property, including payments made by the debtor to creditors, within 90 days prior to the commencement of a bankruptcy case (subject to certain conditions). Section 548 authorizes a trustee to avoid fraudulent transfers or obligations made with actual intent to hinder, delay or defraud a past or future creditor. Transfers of property made by a debtor for less than a reasonably equivalent consideration are also vulnerable if the debtor was or thereby became insolvent, was engaged in business with an unreasonably small amount of capital or intentionally incurred debts that would be beyond the debtor's ability to repay. Finally, Section 549 authorizes the trustee to avoid transfers of property of the bankruptcy estate that occur after a bankruptcy case has commenced.

The Upshot for Creditors

The trustee's ability to recover property or funds by exercising these avoidance powers can be extremely lucrative and provides a significant benefit to the creditors of a bankruptcy estate. Therefore, you should pay careful attention to any communication from a bankruptcy trustee that references avoidance powers and consult with legal counsel about how to respond. Failure to do so could result in a creditor being subjected to litigation."

The transactions originated in the Terrahash accounts, essentially brokered by Paypal.

The Court Trustee can pretty much do anything he/she wants to do, including getting monies back even though those monies were paid out through a third party.

Fighting a reversal by the trustee, at least in these parts, is going to require a retainer in the area of USD $5K to any attorney worth his/her salt, which takes most of the fun out of disputing the claim as in the event that you are trying to get USD $5K back, even if you win, you lose.

Duck and cover boys and girls because the defecation is going to hit the air handler!

My $.02.

I have seen just such actions in a case recently filed by a friend who had sold off a collection of vintage cars prior to filing.

The Court Trustee went out and retrieved each and every of those cars, leaving the purchasers high and dry with no recourse.

The cars were subsequently sold at a bankruptcy auction, with the proceeds going into thepool of  funds to repay creditiors.

I bought one of those cars from the Court for much less than the original seller had wanted.