Hi,
I am wondering what kind of business structure (sole proprietorship, LLC, INC. etc) Bitfloor is. I am curious about what legal recourse is available in the event that Bitfloor continues to unlawfully hold client's funds. They claim they are "working" on "finding a way" to return funds (put a check in the mail or pay me in bitcoins dammit).
I don't like lawsuits, but this is getting outrageous, and I am wondering 1) if a class action lawsuit against Bitfloor would be possible, and 2) if Roman himself could be sued. (If that were the case I'd be happy to settle for the amount of my money Bitfloor has seemingly stolen.).
Are there any other Bitfloor customers starting to suspect that Bitfloor is a fraud and will not return the money they owe?
I don't know what to think.
I new the guy claimed that his site had been hacked into before, so I was hesitant to send funds to his site. Nobody was having a problem lately on the site so I sent up a thousand $ to quickly buy some bit coin. I wanted to try something else besides rip off Block Chain Wallet. I could tell the guy was flaky but I intended to make a quick trade and move the bitcoins off the site right away.
On the Bitfloor site it says. 18 days ago.
2013.05.13
We have received the check and are working on a way to start returning funds. We do not yet have an ETA, but understand everyone is anxious to get their money back and we are trying to make that happen as quickly as possible.
So they claim they are waiting for an ETA.
I kind of think it is the Banks trying to create mass hysteria towards the Bitcoins so I'm giving him the benefit of the doubt.
If worse comes to worse. I would think I could have him put in prison as I wired him money across state lines. He or the bank is holding my funds up. Their is no hacking excuse. If I don't get my money back I would rather have him spend years in prison rather than trying to get my money back through some silly lawsuit. Have the Government prosecute him. He'll probably claim he can't pay it back anyway if any lawsuit is won.