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notabtcnuub
Newbie
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Activity: 20
Merit: 0
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May 04, 2015, 07:20:49 PM |
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Did you finally get contacted? It looks like they delayed the proposal vote by 2 weeks because the initial mail out excluded a bunch of folks, like you. hmm should I be concerned that my name doesnt appear on the latest list of money owed?
Is there anyway to contact them and ask them why my name does not appear
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dhenson
Legendary
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Activity: 994
Merit: 1000
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May 04, 2015, 08:40:01 PM |
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what is the recent update? I have not received any court file lately.
Basically, they are voting to liquidate and all assets won't cover lawyer fees. Unsecured creditors (us) are shit out of luck.
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notabtcnuub
Newbie
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Activity: 20
Merit: 0
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May 04, 2015, 09:05:04 PM |
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So does it matter whether this proposal gets approved or not? what is the recent update? I have not received any court file lately.
Basically, they are voting to liquidate and all assets won't cover lawyer fees. Unsecured creditors (us) are shit out of luck.
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pmorici
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May 05, 2015, 01:28:03 AM |
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So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things.
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Bicknellski
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May 05, 2015, 02:35:13 AM |
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So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things. What about ICEBREAKER... is he being sued? Doesn't he have some BTC in his hot little shill mitts?
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notabtcnuub
Newbie
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Activity: 20
Merit: 0
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May 05, 2015, 03:14:43 PM |
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To get the $3M from insurance, it looks like it will take $500K to litigate. Any ideas where this money is coming from if they can't even pay the current legal bills? Is there enough money left to go after Cypherdoc? So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things.
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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May 05, 2015, 04:05:22 PM |
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
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pmorici
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May 05, 2015, 10:14:06 PM |
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To get the $3M from insurance, it looks like it will take $500K to litigate. Any ideas where this money is coming from if they can't even pay the current legal bills? Is there enough money left to go after Cypherdoc? So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things. For starters a some of the work as already been done (ie: the lawsuit against CypherDoc was filed a while ago) and is included in the legal costs that have already been incurred. They could also make a contingency deal with what ever lawyer they hire to see this though. In other words they only get paid if they win.
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pmorici
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May 05, 2015, 10:17:26 PM |
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So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things. What about ICEBREAKER... is he being sued? Doesn't he have some BTC in his hot little shill mitts? No, as far as I can tell Icebreaker is just a nobody with a big mouth who was paid a mediocre salary and nothing else. He filed a outrageous claim that he is owed a large amount of money and that probably will be disputed since there is no factual basis for it.
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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May 06, 2015, 06:01:54 AM |
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So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things. I'm not certain that the decision was as cut and dry as that. Ask yourself, "who continues to profit if we vote Yes?"
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pmorici
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May 06, 2015, 11:41:36 AM |
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So does it matter whether this proposal gets approved or not?
Yes you should vote for the plan, it matters. If you go read the proposal you will see a listing of estimated recoveries they expect to get that total several million dollars on top of the cash they have on hand right now. The company had a 3 million dollar insurance policy for example. They are also in the process of suing Cypherdoc to recover 3000 BTC plus a few other things. I'm not certain that the decision was as cut and dry as that. Ask yourself, "who continues to profit if we vote Yes?" If you have a specific objection why don't you just come out and say what exactly you think is wrong with the plan.
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pmorici
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May 06, 2015, 11:42:35 AM |
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That guy comes off as a raving lunatic.
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dropt
Legendary
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Activity: 1512
Merit: 1000
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May 07, 2015, 04:37:14 AM |
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That guy comes off as a raving lunatic. How have you not crossed paths with MP yet?
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Bicknellski
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May 07, 2015, 05:24:35 AM |
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That guy comes off as a raving lunatic. Racist bigot. Very intelligent racist bigot.
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AussieHash
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May 11, 2015, 12:19:08 PM |
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I assume by now everybody has received correspondence from Baker & Hostetler LLP It seems like an extraordinarily stupid deliberate breach of privacy and one big doxxing to me ! An A4 envelopes containing 3 documents, https://i.imgur.com/JhCSFke.jpgand another A4 envelope containing 1 document https://i.imgur.com/uYtsIWX.jpgThis 3 document pack contains a list of unsecured creditors with names and amounts, Mr Craig B $512,960 and Liquidbits Corp $5,364,725 -- ouch It also contains a list of "recipients submitted to the BNC", with lists 766 firstname, lastname and addresses. The 1 document pack appears to be 32 pages of Avery labels printed on A4 - it contains the postal addresses including Cypher Enterprises, LLC Attn: Robert B########## III Cypher Enterprises, LLC c/o: Robert J. B######### III Luke Dashjr Liquidbits Corporation Gregory Maxwell Erik Voorhees, Bitcoin FTW Paul Riley Verne Simon Barber John Skrodenis Edward DeCastro Edwardo DeCastro Edwardo De Castro A Similar but incomplete list shows up on this google found document (fewer names, different addresses) http://s3.documentcloud.org/documents/1355368/hashfast-claims-index.txt
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dhenson
Legendary
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Activity: 994
Merit: 1000
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May 11, 2015, 09:32:33 PM |
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... It's basically a list of addresses where you are likely to find cold wallets of early(ish) bitcoin adopters. <sigh>
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AussieHash
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May 12, 2015, 03:35:08 AM |
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So the price of $5 wrenches is about to go up.
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armyof1ne
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May 13, 2015, 07:35:55 PM |
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Did someone say something about 5 dollar wenches? alright!
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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May 14, 2015, 07:08:46 AM |
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This 3 document pack contains a list of unsecured creditors with names and amounts,
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Simon Barber
John Skrodenis
Edward DeCastro
Edwardo DeCastro
Edwardo De Castro
I know this is not the point of your post, but let me get this straight: Barber, Skrodenis & DeCastro applied the claim to the court that HashFast owes them money?!?!? Isn't this a bit too much?
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