Bitcoin foundation run out of funds, they spend a lot of bitcoin money in few months. I read some news that they were asking for donations and recover the foundation tasks.
some of the "donations" were to possibly pay an auditor to atleast prove what we already suspect. that scammers raided the piggybank and fled.
if there was to be money pumped in, it should be used for the future helpfulness of bitcoin, rather then wasted for a 15minute report that tells us what we may already know. that said. there is nothing against PwC who are heavily invested in bitcoin to ask their partners to audit TBF pro-bono.. should the community really desire an audit of the past
Bruce Fenton is trying to keep TBF going, but he does not want an audit.
Bruce started a thread "Bitcoin Foundation: where on earth did all the money go?"
bitcointalk.org/index.php?topic=1314390.0
Only to say it no longer matters about that money, it is gone, move on.
Bruce thinks it a waste of time and new money to try to find evidence of past fraud.
(even someone else payed/put in the time)
I tried to get Bruce to "want" an audit in principle. He would not.
Bruce thinks the money was just "recklessly spent", not "fraudulently spent"
Bruce thinks the ex board were silly, not naughty. No case to answer.
(but obviously, without an audit nobody knows)
And Bruce has not helped us look either.
Gleb has been awaiting a reply for 2 months.
Bruce hasn't been back.