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Author Topic: What businesses lost their capital in the MyBitcoin fiasco  (Read 772 times)
carbonpenguin
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August 02, 2011, 07:18:28 PM
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I saw on another post that metacoin/squareware lost about 40 btc - any other businesses out there screwed by this? I'm trying to get a sense of what sort of damage this will do the the goods and services economy...
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August 05, 2011, 11:24:28 AM
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I'm replying to your question even though I just read that MyBitcoin is going into receivership and some of their customers may receive some of their funds back.

1000btc uploaded to MyBitcoin belonged to Bitcoin ATM (a California based start up).
It was to be used as 'float' for ATM transactions for MyBitcoin customers.

Todd Bethell, CFM, MBA
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