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Author Topic: Acrimonious Escrow bankruptcy  (Read 1638 times)
whistle11 (OP)
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January 05, 2013, 05:22:32 PM
 #1

Hi all,

Apparently the "Acrimonious Escrow" is in bankruptcy since mid-December and unpaid reimbursements for canceled transactions. Anyone have more information about this?  Shocked

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John (John K.)
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Away on an extended break


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January 05, 2013, 05:27:13 PM
 #2

No idea about that. It's an onion site, so folding shop and running would be the regular alternative.
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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January 05, 2013, 05:28:41 PM
 #3

Cryptographic escrow is now possible, where the escrow agent never gets access to the funds, and where the escrow agent can disappear without the original parties losing access to their money unless they stalemate.  The community should start to demand cryptographic escrow services and forget about giving third parties access to their money.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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