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Author Topic: Where's John K?  (Read 4376 times)
Vod
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November 01, 2013, 09:44:47 PM
 #21

I doubt he ran away with those bitcoins, that's a small amount than what he has held on to before.

It's not the amount of bitcoins, it's the amount multiplied by the exchange rate. 

I hope he is OK as well.

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November 02, 2013, 02:50:16 PM
 #22

this is sadly the problem with using escrow.. however i am very surprised he dosnt have another person or 2 keeping everything in check, hell he seems to have planned for everything else
hope hes ok though dont recall the last time he was away from here for more than a few days

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November 02, 2013, 02:58:42 PM
 #23

Watching.  John K has always been a solid escrow agent and I have referred many a client to him (as escrow is too low margin and demanding for my tastes).   I hope this is only a situation of unexpected real world issues keeping him "offline".  

Even if everything does turn out "fine" it does illustrate that we really need easy to use multi-sig capabilities.  Before reading the amount of the escrow I was like "not a chance this is fraudulent" the amount made me doubt my first reaction if even a little.  I think 300+ BTC is pushing the limit of what I would trust to any single person in a single tx. Even a service like John's can be enhanced by multi-sig (Buyer, Seller, John, it takes 2 signatures to move funds).    

I've recently used John K for a 500 btc escrow. I seriously doubt he would compromise his reputation intentionally.
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November 02, 2013, 03:23:36 PM
 #24

I probably shouldn't be quoting the Staff forum, but in this case I see no harm.

*John pokes head from pile of books and sees pitchforks waving*

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November 02, 2013, 03:27:11 PM
 #25

Poor John Tongue. Hope he gets everything together soon Smiley

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November 03, 2013, 01:10:45 AM
 #26

Is he still absent?

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November 03, 2013, 01:33:46 AM
 #27

Arvicco and I escrowed a 339.6 BTC transaction using John K. on October 23rd. On October 25th, the transaction was completed and Arvicco requested that John K release the escrowed funds.  From that point until now, we have heard nothing from him.  The maximum contractual duration he allows for funds release is 2 days, and we now a week beyond release request.  You can see that he has not been active since the morning of 10/26:

https://bitcointalk.org/index.php?action=profile;u=31288

We have contacted theymos to ask about how to proceed. He recommended we post publicly, in the hopes that someone might know how to reach out to him.

This is accurate as far as I know.

I don't have a ton of personal info on him, but I'll release what I do have in a few days. Hopefully he's OK. He just came the the US, so if he was injured or arrested, we might not hear about it (and he might need our help).

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November 03, 2013, 11:07:06 PM
 #28

Good news.

John K logged on, replied, and released the escrow funds today.

Thanks again to all who contributed information in the interim.

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November 04, 2013, 07:24:54 AM
 #29

I tell everyone I'm usually offline on weekends. I lost 2/7ths of business that way (maybe more).

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November 06, 2013, 10:57:14 PM
 #30

We're still waiting on John to refund the rest of ragingazn's asic chip group buy thread here.

If anyone has seen or heard from him, please let him know. Thanks.
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November 07, 2013, 09:59:44 AM
 #31

I have a small sum from sale of goods pending release.

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November 07, 2013, 10:30:47 AM
 #32

We're still waiting on John to refund the rest of ragingazn's asic chip group buy thread here.

If anyone has seen or heard from him, please let him know. Thanks.

I did see him come online on my email and whatsapp.
He never replied to me too.
Not sure why he's still busy nowadays.


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November 07, 2013, 10:31:34 AM
 #33

this is sadly the problem with using escrow.. however i am very surprised he dosnt have another person or 2 keeping everything in check, hell he seems to have planned for everything else
hope hes ok though dont recall the last time he was away from here for more than a few days

Well I did remind him to have a BCP in place, in case he was busy or away.

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November 09, 2013, 05:01:37 PM
 #34

Still waiting. He hasn't logged in since 11/3.... does anybody know if he went out of town or something? I'm starting to get nervous.
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November 09, 2013, 07:37:46 PM
 #35

He did mention an offline lawyer who was supposed to be his backup, and has instructions on how to do the escrow. But that was when he was still in Malaysia.

Escrow Service (Services) - GPG ID: 32AD7565, OTC ID: Dabs
All messages concerning escrow or with bitcoin addresses are GPG signed. Please verify.
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November 09, 2013, 07:40:46 PM
 #36

Good news.

John K logged on, replied, and released the escrow funds today.

Thanks again to all who contributed information in the interim.

Nice!  That must have been a relief.

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November 13, 2013, 06:57:25 PM
 #37

He did mention an offline lawyer who was supposed to be his backup, and has instructions on how to do the escrow. But that was when he was still in Malaysia.
Dabs, if you have the contact details for this lawyer, perhaps we could consider a reasonable timeframe in which to approach them?

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November 13, 2013, 07:09:16 PM
 #38

You guys might want to checkout bit2factor the next time you want to use an escrow service. The website is an implementation of BIP38. Also, it might be useful to check out bitescrow.

Those websites aren't might, but they look very promising as far as I can see.

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November 13, 2013, 08:56:08 PM
 #39

2-of-3 multisig escrow is also possible in Bitcoin-Qt now, though it's a little complicated. I recommend multisig for large escrows.

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November 13, 2013, 09:11:43 PM
 #40

2-of-3 multisig escrow is also possible in Bitcoin-Qt now, though it's a little complicated. I recommend multisig for large escrows.

theymos, do you have any idea where John is, or when he might return?
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