The 94% Con by Jon Montroll

[robix]

I'm in with ~ 8 BTC. That's bad. But those guys, that are in with 100 and more. I really, really feel sorry for them. That is very hard.

I'm curious what will happen to the remaining AM PT's and other securities in BF.

[1714990093]

1714990093

[1714990093]

1714990093

[1714990093]

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[1714990093]

1714990093

[rockxie]

user:rockxie
2013-11-04 09:37:02   
BTC   250.00000000   
Withdraw   Processing

[robix]

user:rockxie
2013-11-04 09:37:02   
BTC   250.00000000   
Withdraw   Processing

[stereotype]

user:rockxie
2013-11-04 09:37:02   
BTC   250.00000000   
Withdraw   Processing

Really??  

[sparky999]

I've had 0.6BTC processing for a couple of weeks. No dividends paid on Ukyo loan or asicminer Pt either

[lophie]

wtf!?  I need that money!!!

Could you please copy the text?

[dave111223]

user:rockxie
2013-11-04 09:37:02   
BTC   250.00000000   
Withdraw   Processing

Ouch dude

[daCoops]

user:rockxie
2013-11-04 09:37:02   
BTC   250.00000000   
Withdraw   Processing

Ouch dude

For this kind of cash I'd be jumping on a plane to Australia and knocking on his door!

[tomywomy]

quickly.

Hi, mmm I want to explain something if I may, you see, Slow, Fast, slowly, quickly, only work if you have another to compare to. So can you give us an example of what you think is jumping to judgement on a normal pace, fast pace, and slow pace.

In my humble personal opinion if a guy handles millions and lock one away suddenly we are entitled to ask him about them and when is he going to give them back, If about a month has passed with no real solution then he disappears for a couple of days with a million dollars he was entrusted to, I would freak out!

But you disagree, dear sir. So what is your personal opinion about jumping to judgement on a normal non-quick pace?

As I see it we have two choices:

The first, is to bring this matter into the real world - for us to find out who Ukyo is and to bring forward suit against him in the jurisdiction in which he resides.  If local authorities are willing to press criminal charges even better.  Then we make our case in a court of law and that is what I was saying was a slow but just process.  

The second, given the scale of funds involved here (and there are still a lot of assets in bitfunder that need to be transferred upon its closing) is for the bitcoin community to develop some sort of: 1) recourse by identifying the stolen coins if they remain in his possession and 2) implementing a mechanism to prevent this type of theft in the future.  Our community is still young and its value has skyrocketed without the infrastructure we see in old-world finance.  

Frankly, a big lesson learned here is that anonymity is a double edged sword, especially where trust is involved.  If we want to see bitcoin remain something where we are anonymous, we need to implement technologies that never require that we trust anyone.  

I am in favour of pursuing both options - those of us who are willing to come out into the real world should do so and sue the person that is Ukyo.  And in addition, we need a new set of bitcoin businesses where no money is trusted entirely to the hosting provider of that service.

[lophie]

Going to update the list soon. The toll reached a million dollars. His personal information will be posted very soon here.

[SOSLOVE868]

Going to update the list soon. The toll reached a million dollars. His personal information will be posted very soon here.

I got 17782 shares of UKYO loan ,which is equal 177.82 BTC, and Also nearly 20 BTC stuck in WeEx...I hope we can do something for that issue.

[tomywomy]

Going to update the list soon. The toll reached a million dollars. His personal information will be posted very soon here.

If we have a crime committed in excess of $1 million (US, Australian or Cdn for that matter), we have something newsworthy that police, prosecutors, judges and the media will be interested in.  Bitcoin is front page news now and this is too.  It is ultimately good for people to know that bitcoin is not crime-proof and that criminals will be brought to justice - by due process - in the bitcoin world also.

[bitbock]

Date    2013-11-11 04:09:32
Transaction ID    9iujgODXtRng5cQu3BafuJqurERSE6AD
Type    Withdraw
Debit    0.68461877 BTC
Credit    
Fee    0.00000000 BTC
BTC Transaction    
Status    Processing

[SOSLOVE868]

Going to update the list soon. The toll reached a million dollars. His personal information will be posted very soon here.

If we have a crime committed in excess of $1 million (US, Australian or Cdn for that matter), we have something newsworthy that police, prosecutors, judges and the media will be interested in.  Bitcoin is front page news now and this is too.  It is ultimately good for people to know that bitcoin is not crime-proof and that criminals will be brought to justice - by due process - in the bitcoin world also.

if UKYO going to jail, I might really never see my BTC again...the thing is I hope he can facing this problem, and come here to discuss with us ,tell us what did he do with our coins and the loans, and how much he can cover to pay back...things should be negotiate with a solution... But up to today, he just simply disappear ,I think this only will making things worse !!

[DobZombie]

I sent Graet a PM a couple of weeks ago and got no reply.

[gurcani]

[bigdude]

Thankfully what little I had in bitfunder was in shares, and they have since been moved to direct shares or other exchanges.

So I am one of the people who transferred IN some btc to go over the .1 limit ... now mine are stuck too. Might as well add it to the list.


2013-11-14 21:37:51     Withdraw     0.15721596 BTC     Processing     TxNjckwrDCXSf4fiubicNKlPFvd1SXJ2

[moribana]

Hello,

for everyone interested for getting money from WeEx, please read my post in below topic and tell if you agree for it?

https://bitcointalk.org/index.php?topic=342122.0

I agree with what you wrote. If we start the legal procedure, it might take months and possibly years and it is a lot of
work and money. It would be much better to resolve this problem among ourselves and Ukyo. However, it would be
really necessary for Ukyo to communicate regularly and post every other day what he is up to. So that everybody
could see what is going on.

[VinceSamios]

I suspect this might be todo with SEC enquiries - a bunch of people have been getting calls... they might have him in custody or advised him not to do anything... I'm waiting for 0.71 to come out of we-ex.

[herzmeister]

Date   2013-11-21 09:57:57
Transaction ID   cgbrSxEV4jj4YHVpxpmrKhpkaxRoJ72c
Type   Withdraw
Debit   3.12838618 BTC
Credit   
Fee   0.00000000 BTC
BTC Transaction   
Status   Processing