All these BTC went to BTCC China(probably on his Chinese paramour account) and were sold for CNY needed for Bitebi9 opening and working expenses.They did not come to Bitebi9 wallet.

Bao did not use mixers,because he did not trust them - Cryptsy "hacker" like Bao ,also did not use mixers.

As seen Bao sucked BTCs from Cryptsy wallets to the very end.Big sucker indeed.


Now I will try to find direct connection between BTCs from Cryptsy and $1.3 millions(2600-2800 BTC at that time)used for paying Paul - Bao big house.If he sucked his exchange for Bitebi9 project,no doubt he was also sucked it for the house.He used Cryptsy to finance his personal expenses.

I found firm evidences how P.Vernon financed Bitebi9 exchange by money from Cryptsy users.

Bitebi9 was founded 28th.July.2015 and start capital was 300.000 CNY(picture below) ~ $46.000 ~ 184 BTC at that time. Money came from Cryptsy old hot wallet(founded before theft) which was used only for paying Cryptsy expenses and refunding new hot wallet from time to time - users did not receive BTC directly from it at all.

From Cryptsy old hot wallet money went to address 17UFQvsFyq7z2tUHHWhAkGsLTYEaCZZp4S at BTCC China exchange,where BTC were changed to CNY.

For period July 2015 - January 2016,  543.5 BTC came from old hot Cryptsy wallet to this address on BTCC.In 2 such transactions 150 BTC and 200 BTC were transfered directly to BTCC - that is far over 100 BTC limit per transaction for users,so there is no doubt that is not user ,but P.Vernon.

Another indication that it is P.Vernon account is that this address received directly from Cryptsy old hot wallet 16 BTC on 10.January.2016,just few days before closure and in time when receiving just 0.01 BTC was impossible.

https://www.walletexplorer.com/address/17UFQvsFyq7z2tUHHWhAkGsLTYEaCZZp4S

What is also interesting that this address 17UFQvsFyq7z2tUHHWhAkGsLTYEaCZZp4S received 56 BTC from Bittrex and 100 from BTC-e,two exchanges that "hacker" used to sell stolen altcoins and convert them in BTC.

Vernon hired lawyer after receivership,not before - that means he knew there are no coins or money left on Cryptsy,but he needs a lawyer to save his skin from criminal charges.

How he will pay $400/hour lawyer when he claimed during divorce that he has no income at all and when he gave all his properties and money on US accounts to his now former wife?


That man without anything obliged to pay by divorce agreement:

- $20.000 for real estate tax on big house

- $15.000 fee for his wife lawyer Brinkley Morgan

- obliged to continue paying his $1.000.000 life insurance and $2.500 monthly for child support


Plus how he will explain 75 BTC received directly in cold wallet(and stayed there until theft) from one of seized Silkroad BTC accounts during time when Shaun Bridges controlled them?


There is no lawyer on Earth who will save him from criminal charges.  




 

There are no coins or money at Cryptsy.All have been meticulously swept by Vernon(part for exchange expenses,part for Bitebi9 opening and part directly in pockets($1.5 mil house,SUVs,other)).He probably left some coins enough to cover debt to 3 plantiffs and that is all.He wont come back to US voluntarily and probably bought few citizenships and passports from miniature Pacific island states.

He plays on time,that people will forget.But laundering 12.000 BTC from BTC wallets and 4400 form selling altcoins is far from easy.These are tainted coins and every exchange will seize them at least for themselves for sure.They are unspent for so long,because one who took them is not from pro theft hacker teams and does not have trust in known BTC launders.

Everyone has right to choose what is the best for him/her

I think it is down forever,because Florida court freezed all Cryptsy assets on 28th March:

http://www.coindesk.com/cryptsy-assets-frozen-as-florida-court-appoints-receiver/

I dont think so(if you think on this Susan Wilson - https://www.linkedin.com/in/susanawilson)

These are some references about DCGirl:


Her latest posts on BTCtalk(big gap from August 2015-March 4th 2016.):
https://bitcointalk.org/index.php?action=profile;u=235274;sa=showPosts


http://thecoinfront.com/the-story-of-a-girl-developer-in-cryptoland/

http://ultracoin.net/blog/author/dcgirl/

http://bitcoinwoman.com/index.php/culture/200-dcgirl-on-marketing-crypto-to-women

About Marshall Long heavy involvment in opening Bitebi9 exchange - this article is from 19th.March.2015:



https://www.weusecoins.com/how-to-mine-bitcoins/

Something funny - from US Army veterans site - about one very well known technological genius 

I have no doubt that he removed all valuable assets from his companies.They are now just empty shells.He gave all his personal properties to his wife(both houses,SUV,money on US bank accounts,...) so he has no money or properties at all.Now,he has a lot of Bitcoins and some money on Chinese bank accounts.Maybe he left some small amounts of altcoins on Cryptsy accounts,but that is not enough to cover lawyers expenses for people who sued him.If there is no official criminal investigation about him,he will stay free and rich,except there were money from some dangerous criminal gangs on Cryptsy.

It is good that Silver Law expanded lawsuit on his wife,but they have to concentrate on his finances and prove that his income was too low for buying such luxury items for cash.

Cryptsy site is on Maintenance,but site who is info changed - it is now blocked who is owner of the site.


It could be a signal that Cryptsy was sold(Mintpal 2 ?)

This Black dude is Thierry Charlemagne - Lead Investigator on Cryptsy - he is this on the top right(People Also Viewed) picture of Nicholas Mullesch profile on LinkedIn

http://www.perfectleads.com/lead/6679398/cryptsy.com

Scroll down and you will see

You are right about banks.Banks loan your money to the others and you get interest.

But the exchnage is something complete different.It is not a bank,more a just intermediary.They connected people whose trade and get a provision for every trade.Their source of financing is not credits to the others ,but trade provisions,so they are not allowed to even touch money of investors.Every customer and exchange itself should have a separate accounts.There are no fractional banking,every transaction have to be fully covered.But Cryptsy used customers money to finance their expenses and private expenses of owner.That is pure theft,even if P.Vernon did not hack his own exchange.


Fact that money from Silk Road wallets came through Cryptsy hot wallet in the time when rogue agent Shaun Bridges controled them raises a lot of suspicion.But the fact that one such transaction of 75.2 BTC  went directly to cold wallet and was never moved said that Cryptsy owner who solely controled cold wallet knew about whole process of laundering,actively participiated in it and got payment for that.Otherwise how Shaun Bridges could know for addresses of cold wallet,when we all know that customers could only got deposit addresses for hot wallet?

Few days after, rogue agents were caught.Was Cryptsy owner afraid that he could be discovered and that government agencies could take all his and exchange money,so he decided to do preventive move and  hack exchange to put BTCs and other coins out of reach of government and save it for his rainy days?That could explain why he did not contact authorities in the time of theft - when you rob the bank you wont call police for sure.