[Weexchange issue] The fall of Ukyo III - Updates and references

[ffssixtynine]

Guess there will be no update as promised, no excuse, no update, no btc.  

Since this is an update about WeExchange, US hours are applicable.

[pascal257]

Guess there will be no update as promised, no excuse, no update, no btc.  

Since this is an update about WeExchange, US hours are applicable.

Do you really believe that?

[Stinky_Pete]

Since this is an update about WeExchange, US hours are applicable.

Which time zone?

[ffssixtynine]

Guess there will be no update as promised, no excuse, no update, no btc.  

Since this is an update about WeExchange, US hours are applicable.

Do you really believe that?

Heh, it's a fact. Any news is likely to be on Ukyo's hours since it's about his business, and US hours are certainly applicable anyway. We were told we'd get some kind of update today so let's wait and see before criticising.

[WeexUser]

Guess there will be no update as promised, no excuse, no update, no btc.  

Since this is an update about WeExchange, US hours are applicable.

Do you really believe that?

Heh, it's a fact. Any news is likely to be on Ukyo's hours since it's about his business, and US hours are certainly applicable anyway. We were told we'd get some kind of update today so let's wait and see before criticising.

When Danny wrote about the upcoming update, Ukyo said on IRC that he didn't knew what Danny's update was about. Note that this might/probably has changed.

[Pompobit]

The update that I had planned for today shall now be made at noon (GMT+2) tomorrow. Sincere apologies for this, however the information that can be provided tomorrow will be much more detailed than previously expected.

[Pompobit]

Apologies for the slight delay in getting this information out.

Jon (Ukyo) is now here with me in Cyprus to ensure this problem is resolved for everyone involved.

The bitcoins are simply not there anymore, we are continuing to work through the implementation of a number of solutions to correct the issue. We are hoping to have one of many very important announcements before the Christmas holidays that will enable the bitcoins to be returned to those that are owed, however the run up to the holiday period may cause delays in some aspects.

The solution will take time to pay everyone in full however, there will be no preferential payments and the payments will be distributed proportionally.

A full explanation as to why the bitcoins are no longer there, will be provided as soon as we possibly can.

Neo & Bee has no exposure to the liabilities of WeExchange. The solution will enable Neo & Bee and all of those involved in Bitcoin to benefit greatly in the future.

[VolanicEruptor]

None of you will get any of your coins back.  Sorry but that is painfully obvious at this point.
Ukyo is among a handful of scammers right now who are robbing us all blind.

[stonehoo]

None of you will get any of your coins back.  Sorry but that is painfully obvious at this point.
Ukyo is among a handful of scammers right now who are robbing us all blind.

Hi VE did you pay him a visit? how was your trip ?

[SebastianJu]

Apologies for the slight delay in getting this information out.

Jon (Ukyo) is now here with me in Cyprus to ensure this problem is resolved for everyone involved.

The bitcoins are simply not there anymore, we are continuing to work through the implementation of a number of solutions to correct the issue. We are hoping to have one of many very important announcements before the Christmas holidays that will enable the bitcoins to be returned to those that are owed, however the run up to the holiday period may cause delays in some aspects.

The solution will take time to pay everyone in full however, there will be no preferential payments and the payments will be distributed proportionally.

A full explanation as to why the bitcoins are no longer there, will be provided as soon as we possibly can.

Neo & Bee has no exposure to the liabilities of WeExchange. The solution will enable Neo & Bee and all of those involved in Bitcoin to benefit greatly in the future.

  They arent there anymore? But they want to pay in full? The bitcoins cant vanish. They have to be sent form the addresses. And the wallet cant be lost if you have backups or at least the private keys.
So this is a strange use of words here.

[ArcticWolf]

Apologies for the slight delay in getting this information out.

Jon (Ukyo) is now here with me in Cyprus to ensure this problem is resolved for everyone involved.

The bitcoins are simply not there anymore, we are continuing to work through the implementation of a number of solutions to correct the issue. We are hoping to have one of many very important announcements before the Christmas holidays that will enable the bitcoins to be returned to those that are owed, however the run up to the holiday period may cause delays in some aspects.

The solution will take time to pay everyone in full however, there will be no preferential payments and the payments will be distributed proportionally.

A full explanation as to why the bitcoins are no longer there, will be provided as soon as we possibly can.

Neo & Bee has no exposure to the liabilities of WeExchange. The solution will enable Neo & Bee and all of those involved in Bitcoin to benefit greatly in the future.

  They arent there anymore? But they want to pay in full? The bitcoins cant vanish. They have to be sent form the addresses. And the wallet cant be lost if you have backups or at least the private keys.
So this is a strange use of words here.

Perhaps authorities seized all of Ukyo's servers and private keys, thereby leaving him with no access to those coins.

[Bitcycle]

From everything they've said it's pretty clear the justice system is involved and a judge is dictating what can and cannot be done, what can and cannot be said.

The natural assumption is that it's some sort of enforcement from the SEC or some such.

But what if it's the result of a lawsuit from some trigger happy customer?  And the judge ordered the assets frozen until the court unravels the situaiton.

Now that would be amusing.

[SebastianJu]

Perhaps authorities seized all of Ukyo's servers and private keys, thereby leaving him with no access to those coins.

They know how to do this? I mean i cant imagine ukyo is so noob that he dont know how to back up.

Anyway... why should ukyo fly to cyprus to work with NEOBEE then? When the coins are gone that wouldnt make sense.

If you promise to support my family, following me making that information public at this very moment in time.
You will have to excuse the fact that I value my freedom.

There will be a solution in active progress extremely soon.

The bitcoins are simply not there anymore,

My bitcoins simply are still there:
https://blockchain.info/address/1362Fgp2MKTnqBXq5hK8kss2ch3Jb41qb4

There is a tiny amount of BTC in the wallets, however by this Friday there will be access to these coins, distributed on a proportional basis.

[kano]

Guess there will be no update as promised, no excuse, no update, no btc.  

Since this is an update about WeExchange, US hours are applicable.

Do you really believe that?

Heh, it's a fact. Any news is likely to be on Ukyo's hours since it's about his business, and US hours are certainly applicable anyway. We were told we'd get some kind of update today so let's wait and see before criticising.

So you waited and ... didn't see.

[VolanicEruptor]

None of you will get any of your coins back.  Sorry but that is painfully obvious at this point.
Ukyo is among a handful of scammers right now who are robbing us all blind.

Hi VE did you pay him a visit? how was your trip ?

due to my far location I have delayed the trip so that I can get 2 birds with 1 stone

[stonehoo]

still no news from Ukyo....

[ffssixtynine]

Stonehoo - the news is out on the moving forward thread.

VE - your attention seeking knows no bounds! Always entertaining though

Kano - yes we did. You won't see updates in this thread though.

Seb - you'll need to wait and see, or make your own guesses at the moment unfortunately.

[kano]

...
Kano - yes we did. You won't see updates in this thread though.
...

If you mean the update that said the update is delayed but Ukyo has afforded an international flight from USA to Greece - then yep - still no update that was promised quite a while ago now.

[matt4054]

I don't really get the point of liquidating BitFunder and moving funds to WeExchange, if there are no funds at all?

I have 3.2+ BTC on WeExchange but of course can't get past the infamous Could not connect to 2nd stage server. Do you think there are any chance to recover the funds, or is the whole thing yet another scam?

[WeexUser]

Do you think there are any chance to recover the funds, or is the whole thing yet another scam?

The announcement of Neo&Bee's involvement would not make sense if it was a scam.
They wouldn't help Ukyo if they figured out it was a scam. And if they were involved in the scam in the first place they wouldn't have announced their involvement.