Yes, count me in too. The last days development gives me a gut feeling that Kris has some part in the scam, or is completely incompetent as a CEO. Either way his current operations should be shut down by legal or social means. BIPS lost it's reason to exist in the Bitcoin community by how this mess is handled.

BTW I live and run a brand consultancy firm in southern Sweden (only 10 min from Denmark), so I ofcourse can represent a legal case localy, but more important, I know very well how to kill a brand. Lets just say; storytelling works both ways...

Nop, not a single word from Mr. Kris Henriksen or anyone else at BIPS. I'm resending a support ticket and e-mail everyday now until someone answer my two simple questions of 1) is the money gone forever, and 2) will BIPS compensate me for any part of the lost value.

But nothing yet. However Kris does of some reason have infinite time to talk to the press about what happened where he always denies the claim of running away himself with the bitcoins, so he obviously read the Bitcoin Forum and probably this message too (Hello Kris!, nice to see you here) =)

This mess starts to become a slapstick comedy from their part. I mean, it's not that I want Kris or anyone at BIPS to walk away from their house or not be able to feed their family because of this. I will survive even if my money is never returned.

Now it's all about standing up as a honest human being facing the consequenses of your actions and promises. If you as a individual or a company make a promise to your clients that their critical data is safe with you, and that promise is broken. Well then you can choose two ways to handle this; A) Say you're sorry and that you will try to make it up to them even if the data is gone forever, or B) Tell your clients in a fancy way that they are idiots that trusted you in the first place.

Anyone choosing route B, i.g rationalizing away their role of accountability by arrogance, can expect people to be pretty angry with them for a very very very long time. This individual or company has consumed their right to operate in a free market, and should be shut down in it's existing form as an example of unacceptable business ethics. Case closed.

If Kris make some leagal research himself, like my business lawyer did, he will soon find out that there are plenty similar situations in the old financial world. Multiple financial services will ask for your money to hold them for you for free, or even paying you a good interest rate. It's a free service/wallet/account BUT the receiver are fully responsible for your money while kept in their hands. If it was stolen, they would have to pay it back or close business.

So, for Kris as the CEO of BIPS to act like nothing has happened (choosing route B) he is simply asking for a legal/social backlash. Everyone in the bitcoin community have the right to know if this is a viable business strategy in the future of digital money, and we will use this case to find out (so we atleast get something positive out of this mess). If BIPS goes free, then that is the end of this story. If not, BIPS pays up or close business. Kris will survive, keep his house and feeding his family – but with another company and hopefully alot more humble...

You are right on that this is not about Kris Henriksen personally. He's representing a commercial company that did and still market themself with "Your data is secure at BIPS", etc. Obviously this is not a true statement, and some of us found that out in a really bad way, with substantial loss of economic value.

BUT the worst part of this whole stinking story, is the lack of communication from BIPS and it's CEO, Kris Henriksen. They choose to handle this mess with a strategy that pretty much left us, their affected customers, out in the dark. He himself or through any proxy has not to date had the courtesy to tell me what the status is with my lost balance and if they have any plan on compensating me for any part of the lost coins. I mean, for god's sake, just let us know! And after that, good or bad news, everyone can go ahead in their own way of handling this (legal process or not).

Well, for Kris himself it might be a good idea to prepare his case and defense if some of us decides to try him legaly in court for our losses. But for us who lost the bitcoins it's really no point, since the coins are already transfered irreversable to somebody untraceable in an unknown jurisdiction. Pretty low chances of finding the crooks. Makes a hell of a more reasonable case to try Kris legaly and hold him accountable. Both for making this never happen again, and to ruin the BIPS brand, if Kris just continues operations as nothing happened (which looks like he is doing from where i'm sitting)...

Looks like the coins are gone forever. Kris made a statemant in a local newspaper:
http://politiken.dk/oekonomi/virksomheder/ECE2143335/cyber-kriminelle-roever-dansk-firma/

He says the work now is primary to recover logs and data to hand over to the police... So its all gone. Why could they not just be open about it, so we're not keeping our hopes up.

I also got a message from Kris 3 days ago about adding an external bitcoin address for transfer of my lost 13 coins, but no coins has been transfered. But it kept my hopes up and made me shut up for a while... Good strategy! But not very honest...

Thanks & Tack!
/J

Still 3 hours to go... =(

The rules are pretty much OK, and motivated. However for a newbie like me, who came here to claim the bounty for the Open Transactions logo, it's kind of a hassle =). Wish there was som way to move around this on bounties/competions, to attract newcomers this way.

Hi, Johan here, just posting some to get upgraded...

Hi, we are a team of experienced UX-planners/designers, now switching our focus onto the bitcoin/OT-market. Please let me know if you need quality User/Customer-experience for your software/webapps, and I'll tell you more!
Good luck,
/Johan

Hi, newbie from sweden here! Very interested in the Open Transactions platform combined with Bitcoin, and looking forward to be able to participate in these discussions!

/Johan