More proof that savegox.com is a sham.

[Phinnaeus Gage]

https://www.facebook.com/photo.php?fbid=130313597121004&set=pb.100004270929990.-2207520000.1398891154.&type=3&theater



http://www.wackbag.com/threads/x-men-director-bryan-singer-the-real-dirt.156502/

There is a convergence between WeHo pedos; some might recall the 1998 web series Chad's World which was essentially a bunch of 30-something pedos creating a project to lure boys to Hollywood with promises of becoming stars in exchange for "work" they would do while living with various members of this group of 30-something pedos. Singer is said to be connected to this project which was done under a company called DEN, the Digital Entertainment Network run by Marc Collins-Rector (who has since been convicted of child sex crimes) and Brock Pierce (former child actor known for starring in First Kid and the Mighty Ducks) who has not been convicted of child sex crimes but he probably should be. The website BoingBoing called Chad's World "a pedophile fantasy based on the founders' own lives."

http://boingboing.net/2007/11/15/goldfarming-empire-l.html

http://en.wikipedia.org/wiki/Marc_Collins-Rector

Marc John Collins-Rector (born October 16, 1959) is an American businessman best known for founding Digital Entertainment Network, an online streaming video broadcaster and notable dot-com failure.

He changed his name from Mark Rector to Marc Collins-Rector in 1998.[2]
In the early 1980s Rector founded Telequest, a Florida-based telecommunications company. In 1984, Rector founded World TravelNet, a company that electronically coordinated cruises and tours; its affiliate, World ComNet, was floated on the Vancouver Stock Exchange in 1987. Its valuation briefly peaked at $100 million before increasing competition led to bankruptcy.[2] Rector later founded an early ISP, Concentric Network,[3] in 1991[4] along with colleague and lover Chad Shackley.[5]

DEN

Main article: Digital Entertainment Network
Rector and Shackley sold Concentric in 1995 and, using money raised here and close to $100m of investor and venture capital, formed an early Internet video pioneer, Digital Entertainment Network. Collins-Rector was the co-founder and Chairman of DEN, which exhausted its funding following a failed IPO bid and collapsed amid allegations that Collins-Rector had sexually abused children, coercing them with drugs and guns.[6]

Later career

Media reports claim that Collins-Rector was a silent partner in the MMORPG service company IGE, which was founded by ex-DEN VP Brock Pierce.[6] IGE initially used an address in the city of Marbella, Spain, where Collins-Rector, Shackley, and Pierce shared a villa until it was raided by Interpol in 2002.[7][8]

Child enticement conviction

Collins-Rector fled to Europe, ending up in Spain. He fought extradition proceedings for two years before returning to the United States, where he pleaded guilty to eight charges of child enticement and registered as a sex offender.[9] Collins-Rector admitted luring five minors across state lines for sexual purposes.[10] He received credit for time that he had served in a Spanish jail.[10][11] Some of his underage victims sued in civil court, winning a $4.5 million under a summary judgement.[12]

https://twitter.com/brockpierce/status/424225758135853056

Brock Pierce
‏@brockpierce
First Meta Switches to GoCoin for Bitcoin and Litecoin Payments http://www.marketwired.com/press-release/-1870108.htm …

Six weeks later, this: http://www.slate.com/blogs/future_tense/2014/03/05/bitcoin_ceo_suicide_not_so_fast_first_meta_s_autumn_radtke_is_dead_but_we.html

The young woman in question was actually the head of the Singapore-based startup First Meta. According to its website, First Meta was founded in 2007, and its claim to fame was creating the first virtual credit card for the then-popular online game Second Life. Today it functions as one of many online marketplaces for bitcoin and a slew of other virtual currencies.

http://boingboing.net/2007/11/15/goldfarming-empire-l.html

Around Hollywood, rumors flew that Collins-Rector, Shackley, and Pierce were about to be arrested on embezzlement and sexual offenses. Before any charges were filed, though, the three men disappeared.

So that there's no mistake that Brock Pierce and Brock Rector are one in the same...

https://www.facebook.com/coindesk/posts/466801573427484



The following page was recently taken down: Chad's World to hit the Internet this month: http://webcache.googleusercontent.com/search?q=cache:http://oasisjournals.com/Issues/9806/cover.html

http://articles.latimes.com/2002/may/18/local/me-den18

Many workers at the company said they had suspicions about then-Chairman Collins-Rector and discussed them internally before the New Jersey lawsuit. "There was something not right," a former executive said Friday. "There were too many little boys. People were willing to look the other way."

Matt Welch, a Los Angeles writer who briefly consulted for the company, said its collapse "would have been one of the textbook classic dot-com flameouts even without this. It was a bad idea, at a bad time, done by bad people.... I wouldn't say there was an atmosphere of criminal behavior, you just felt the decadence."

Collins-Rector, who is in his early 40s, shared a palatial Encino estate with longtime partner Chad Shackley, 24, and with Brock Pierce, a child Disney movie star who moved in when he was 17 and was paid a $250,000 salary by the company. Shackley and Pierce were executive vice presidents of the company.

The three were described as co-founders of the company, which filmed short episodes on a number of teenage themes for playback over the Internet and at one time boasted more than 300 employees.

The company secured big advertisers but failed to generate a significant audience or keep its expenses in check. The company's audience remained limited, in part because of the lack of high-speed Internet connections needed to stream entertainment videos.

Although the company was at the forefront of developing entertainment for the Internet, its competitors were soon drawing greater traffic while paying little or nothing for video content.

It spent freely on its productions and facilities and paid salaries that exceeded $1 million, unusually high figures for a start-up. In June 1999, the company was burning up $3 million a month when it had no revenue.

Among those who have filed lawsuits are four former employees, including one hired and allegedly abused before the age of 16 and another hired at 15 and abused at 16.

A suit by one of the teenagers was settled, but its terms were not disclosed. A suit filed by three of the teenagers resulted in a default judgment of $4.5 million.

The suits accused Collins-Rector, Shackley and Pierce of rape, assault and death threats. Shackley and Pierce have not been charged criminally.

If you want to see something really weird, then click the five names that liked Brock Rector's photo: https://www.facebook.com/photo.php?fbid=313360395482989&set=pb.100004270929990.-2207520000.1398896243.&type=3&theater

[1714785274]

1714785274

[1714785274]

1714785274

[Phinnaeus Gage]

https://www.facebook.com/photo.php?fbid=313360395482989&set=pb.100004270929990.-2207520000.1398896243.&type=3&theater



I may have just figured it out, having once been arrested myself after being serviced by a hooker and her emptying the crack from her pocket onto the seat of my truck, thus knowing first-hand how one could get their charges reduced (think wire), is it possible/probable that Brock Pierce cut a deal, thus allowing his status (sans the paedo- part, of course) to aid law enforcement entities worldwide to amass names/faces of bitcoiners? Could this be the reason that Autumn Radtke was snuffed?

Brock Rector: Joined Facebook September 4, 2012

The following image was added to Brock Rector's FB page on Sunday, April 27, 2014 at 3:33am:



Dakota Kidman: Protected, with no activity since 2012 https://www.facebook.com/kidmandak
Robin Wey: Joined Facebook March 28, 2013 https://www.facebook.com/anarosa.romeroromero.12, and has the following image on his Facebook page:



David Weiss: Protected https://www.facebook.com/david.weiss.372661, and has the following two images on his Facebook page:





Matthy Ronmney: Protected https://www.facebook.com/ronmneymatthy, and has the following two images on his Facebook page:





Alan Nietszche: Protected https://www.facebook.com/alan.nietszche, and has the following two images on his Facebook page:





None of the above people lists friends.

Now, let's consider the other images on Brock's FB page.

The following image was added on Wednesday, February 19, 2014 at 9:33pm, followed by those who liked it:



Robin Wey: Mentioned above. https://www.facebook.com/anarosa.romeroromero.12
Neuman Ralf: Joined Facebook September 10, 2012 https://www.facebook.com/ralf.neuman.3

Favorite Quotations

We crush all of the caterpillars and wonder why there are no butterflies.

Marc Rector: Limited activity, but take a look nonetheless: https://www.facebook.com/marc.rector.1





Image #3 on Brock Rector's (Brock Pierce) FB page added on Wednesday, March 27, 2013 at 6:59pm, along with the people who liked it:





Question: Were all 9 dudes in the same bed with their dicks stuck up underage Spanish boys when then liked Brock's image?

Marc Rector: Mentioned above. https://www.facebook.com/marc.rector.1
Dakota Kidman: Mentioned above. https://www.facebook.com/kidmandak
Robin Wey: Mentioned above. https://www.facebook.com/anarosa.romeroromero.12
Neuman Ralf: Mentioned above. https://www.facebook.com/ralf.neuman.3
Matthy Ronmney: Mentioned above. https://www.facebook.com/ronmneymatthy
Jhon Junior: Joined Facebook September 10, 2012 https://www.facebook.com/profile.php?id=100004432712570



Kevin Colins: Protected https://www.facebook.com/kevin.colins.37
Jhon Oconor: https://www.facebook.com/profile.php?id=100004427372513 Possibly Joined Facebook on September 10, 2013 as well according to...

Jhon Oconor changed his profile picture .
September 10, 2012

Looks like September 11, 2012 was a practice like-my-Facebook-pic-while-we're-all-here-in-bed-together for their larger meat-up on March 27, 2013 shown above.

Finally, Brock's forth pic:



My bad! November 19, 2012 instead of March 27, 2013, of which was probably a reunion meat-up with with underage Spanish boys, may be priest rejects, to boot. Note, Jhon Junior comments after learning there was a meat-up sans his invite.

BTW, in case you're wondering: J.A. ~ a person who watches excessive anime porn while masturbating in a bowl of Ramen noodles: http://www.urbandictionary.com/define.php?term=Ja&page=2

Henk Juriaan: Joined Facebook March 3, 2012 https://www.facebook.com/henk.sanchezjuriaan/photos

Kevin Colins pic uploaded on October 24, 2013:



The symbol is affiliated with http://en.wikipedia.org/wiki/Human_Rights_Campaign

I don't believe this! As of five days ago they were all still liking each others pic on FB from the same bed. I would have thought for sure they would have ran outta underage Spanish boys by now.



http://www.hollywoodreporter.com/news/bryan-singer-sex-abuse-case-699828

Collins-Rector, Shackley and Pierce launched another company called World Wide Technology & Internet Ventures Ltd., incorporated in the British Virgin Islands. Still living at the Encino mansion, they were joined by new housemate and partner Alex Burton, an 18-year-old actor who was a friend of Pierce.

But more and more boys came forward, alleging abuse.

After a New Jersey grand jury indicted Collins-Rector in 2000, he fled the country, along with Shackley and Pierce. The trio surfaced in May 2002 in a villa in the south Spanish beach city of Marbella. Police found guns, machetes and child pornography in the house.

Collins-Rector relocated to London, where in October 2007 the British paper The Sun ran a photograph of him in a tan blazer, leaning on a cane, accompanied by a young man. "A millionaire pedophile from America is swanning around Britain in a chauffeur-driven limo and surrounding himself with young boys," the article reported.

His last known whereabouts are from 2008, when Florida authorities had him residing in the Dominican Republic. THR's efforts to locate him were unsuccessful, as were efforts to reach Pierce and Shackley.

According to my research, they all can be found in one giant bed. If they hurry (actually, probably no need to hurry, for I'm sure they're happy where they're at), they could meat-up with them, for I'm sure fresh young meat is always welcome as it continues to be on the menu.

Pierce's most recent bio says he is co-founder of GoCoin, ExpressCoin, KnCMiner.cn and Robocoin Asia. He is described as "a sought-after commentator on the Bitcoin economy" and "a prolific angel investor" who has raised more than $200 million on behalf of his companies and led more than 30 acquisitions during his career.

What seems remarkable, in retrospect, is that all of the charges against Pierce's former partner, Collins-Rector, were filed by federal authorities; despite many allegations regarding activities at the Encino house, officials in L.A. never pursued criminal charges against Collins-Rector or his associates. Egan's mother, Bonnie Mound, alleged during an April 21 news conference that her attempts to report her son's abuse to the FBI had fallen on deaf ears. In fact, a 2003 affidavit filed by Special Agent Joseph Brine and obtained by TMZ stated that Egan had brought allegations against Collins-Rector to Brine's attention.

During the April 21 news conference, Egan's sobbing mother called out several FBI officials by name: "I'd like to say to Special Agent Joseph Brine: You came to our house once. You interviewed Mike once. You called me a couple times after. I continued to call you. I continued to write certified, return-receipt letters to you. Everything went silent. What did you do then, Mr. Brine? I'd also like to say to Mr. J. Stephen Tidwell, FBI Los Angeles: Why'd you ignore my certified, return-receipt letters? Mr. David Johnson, FBI, J. Edgar Hoover Building, Washington, D.C.: Why did you ignore my certified, return-receipt letters? And Mr. Robert Mueller III, Director of FBI, J. Edgar Hoover Building, Washington, D.C.: Why did you ignore my certified, return-receipt letters?"

Do you recall my theory at the beginning of this post? If not, I suggest you revisit it.

[renfr]

If you want to see something really weird, then click the five names that liked Brock Rector's photo: https://www.facebook.com/photo.php?fbid=313360395482989&set=pb.100004270929990.-2207520000.1398896243.&type=3&theater

Wow, just wow.
What does this mean? That interpol seized their FB accounts?
What is "Buffalo J.A." supposed to mean?

Also take a look at that : https://www.facebook.com/photo.php?fbid=232382176955116&set=a.232382173621783.1073741863.100005500064568&type=1&theater

Oh the irony...

[Phinnaeus Gage]

If you want to see something really weird, then click the five names that liked Brock Rector's photo: https://www.facebook.com/photo.php?fbid=313360395482989&set=pb.100004270929990.-2207520000.1398896243.&type=3&theater

Wow, just wow.
What does this mean? That interpol seized their FB accounts?
What is "Buffalo J.A." supposed to mean?

Also take a look at that : https://www.facebook.com/photo.php?fbid=232382176955116&set=a.232382173621783.1073741863.100005500064568&type=1&theater

Oh the irony...

Wait to you see what I penning for the second post of this thread currently labeled 'reserved'.

[Phinnaeus Gage]

The second post of this thread has been updated, formal 'reserved'.

[Bit_Happy]

In case anyone doesn't know, the North American class-action Gox lawsuit was "settled"/dropped (with nothing yet available for the victims), so a "company" involving Brock Rector/Pierce could try to buy and run the newer Gox.

[superduh]

holly shit someone put a lot of work into this

[dave111223]

To summarize:

Brock Pierce and a group of pedophiles were busted in 2002 and cut a deal with FBI to be informants; on whatever projects the FBI required them for.

They have now been called into action by the FBI as the face of the Mt Gox takeover.  Which is actually the FBI attempting to gain access to past and future Gox records under the guise of a private section acquisition.

Or did I miss something?

[Bit_Happy]

To summarize:

Brock Pierce and a group of pedophiles were busted in 2012 and cut a deal with FBI to be informants; on whatever projects the FBI required them for.

They have now been called into action by the FBI as the face of the Mt Gox takeover.  Which is actually the FBI attempting to gain access to past and future Gox records under the guise of a private section acquisition.

Or did I miss something?

busted in 2012
Was there another bust?
The lawsuits against Brock Pierce were regarding parties over 12 years ago (close to 14 years)
He left the country with both partners. I'm not sure what year the older guy was arrested in Europe, but 2012 sounds too recent.
....Or did I miss something?

[Phinnaeus Gage]

To summarize:

Brock Pierce and a group of pedophiles were busted in 2012 and cut a deal with FBI to be informants; on whatever projects the FBI required them for.

They have now been called into action by the FBI as the face of the Mt Gox takeover.  Which is actually the FBI attempting to gain access to past and future Gox records under the guise of a private section acquisition.

Or did I miss something?

busted in 2012
Was there another bust?
The lawsuits against Brock Pierce were regarding parties over 12 years ago (close to 14 years)
He left the country with both partners. I'm not sure what year the older guy was arrested in Europe, but 2012 sounds too recent.
....Or did I miss something?

The implication is that an undisclosed bust occurred, not the much earlier one on record.

[dave111223]

busted in 2012
Was there another bust?

Sorry 2002

[Bit_Happy]

The implication is that an undisclosed bust occurred, not the much earlier one on record.

Welcome back my friends to the show that never ends
We're so glad you could attend
Come inside! Come inside!
There behind a glass is a real blade of grass
be careful as you pass.
Move along! Move along!

Come inside, the show's about to start
guaranteed to blow your head apart
Rest assured you'll get your money's worth
The greatest show in Heaven, Hell or Earth.
You've got to see the show, it's a dynamo.
You've got to see the show, it's rock and roll ....

Soon the Gypsy Queen in a glaze of Vaseline
Will perform on guillotine
What a scene! What a scene!
Next upon the stand will you please extend a hand
to Alexander's Ragtime Band
Roll up! Roll up! Roll up!
See the show!

Performing on a stool we've a sight to make you drool
Seven virgins and a mule
Keep it cool. Keep it cool.
We would like it to be known the exhibits that were shown
were exclusively our own,
All our own. All our own.
Come and see the show! Come and see the show! Come and see the show!
See the show!

~source = Some old band who used to pack large arenas with excited fans.

busted in 2012
Was there another bust?

Sorry 2002

Either way they still might have him by the balls.

[Phinnaeus Gage]

https://www.facebook.com/ralf.neuman.3



These little boy dick sucking bastards would lie to their own mothers if ask if they farted in the elevator when there's only them two aboard.

Please! Please! Please! Correct me if I'm wrong, for I sure the hell don't want to be spreading misinformation, but doesn't the guy above look a little... just a little like the guy below?



Wouldn't it be so fuckin' funny if both images were of the same dude and...wait for it...one of them is a CEO of a Bitcoin entity?

While you ponder that rhetorical question, since I'm a Pisces, enjoy the water.

[Phinnaeus Gage]

The implication is that an undisclosed bust occurred, not the much earlier one on record.

Welcome back my friends to the show that never ends
We're so glad you could attend
Come inside! Come inside!
There behind a glass is a real blade of grass
be careful as you pass.
Move along! Move along!

Come inside, the show's about to start
guaranteed to blow your head apart
Rest assured you'll get your money's worth
The greatest show in Heaven, Hell or Earth.
You've got to see the show, it's a dynamo.
You've got to see the show, it's rock and roll ....

Soon the Gypsy Queen in a glaze of Vaseline
Will perform on guillotine
What a scene! What a scene!
Next upon the stand will you please extend a hand
to Alexander's Ragtime Band
Roll up! Roll up! Roll up!
See the show!

Performing on a stool we've a sight to make you drool
Seven virgins and a mule
Keep it cool. Keep it cool.
We would like it to be known the exhibits that were shown
were exclusively our own,
All our own. All our own.
Come and see the show! Come and see the show! Come and see the show!
See the show!

~source = Some old band who used to pack large arenas with excited fans.

busted in 2012
Was there another bust?

Sorry 2002

Either way they still might have him by the balls.

Following your lead...

Well I'm upper upper class high society
God's gift to ballroom notoriety
And I always fill my ballroom
The event is never small
The social pages say I've got
The biggest balls of all

I've got big balls
I've got big balls
They're such big balls
And they're dirty big balls
And he's got big balls
And she's got big balls
(But we've got the biggest balls of them all)

And my balls are always bouncing
My ballroom always full
And everybody cums and cums again
If your name is on the guest list
No one can take you higher
Everybody says I've got
Great balls of fire

I've got big balls
Oh I've got big balls
And they're such big balls
Dirty big balls
And he's got big balls
And she's got big balls
(But we've got the biggest balls of them all)

Some balls are held for charity
And some for fancy dress
But when they're held for pleasure
They're the balls that I like best
My balls are always bouncing
To the left and to the right
It's my belief that my big balls
Should be held every night

We've got big balls
We've got big balls
We've got big balls
Dirty big balls
He's got big balls
She's got big balls
(But we've got the biggest balls of them all)

(We've got big balls)
(We've got big balls)

And I'm just itching to tell you about them
Oh we had such wonderful fun
Seafood cocktail, crabs, crayfish
(But we've got the biggest balls of them all)

(Ball Sucker)
(Ball Sucker)
(Ball Sucker)
(Ball Sucker)

[Phinnaeus Gage]

https://www.linkedin.com/in/wast3gat3

Design and architect Bitcoin mining installations, pools and wallet setups. Are you mining yet?

Consulting to businesses on a range of InfoSec issues, application and network security reviews, defining security policy and governance, performing internal and external penetration testing, and security escalation procedures.

In-depth knowledge of, and experience in AS/NZS ISO/IEC 27001/27002 and PCI DSS v2.0 frameworks with a focus to improve information security management within an organization. Working with external auditors on Sarbanes-Oxley (SOX) compliance.

Specializing in design and implementation of IT security systems using Check Point and CISCO firewalls, Algosec and SPLUNK logging and reporting solutions, IDS/IPS using McAfee and Check Point in both corporate and mobile network (GPRS 2.5G, UMTS 3G and HSDPA 3.5G) environments, VPN design.
Practical experience in virtual and cloud environments using VMware and AWS.

Passionate about security!

Holder of dual nationality with Netherlands, current EU passport.

Specialties: Bitcoin, SOX, PCI DSS 2.0, AS/NZS ISO/IEC 27001/27002, Algosec, SPLUNK, Cisco, Check Point VSX/Provider-1, Check Point GAIA, Crossbeam, Nokia IPSO, VPN, RedHat, RSA, McAfee

http://web.archive.org/web/20101231022129/http://www.wast3gat3.com/

Making G in WoW
With the launch of Cataclysm a friend of mine decided to make a return to WoW and asked me to tag along on his adventures only problem is that he is on a different server and a different faction.

Since I started playing WoW many years ago I have played Alliance with a short foray in to Horde when our guild jumped on to the new Oceanic realm of Frostmourne. Most of us were bored and had cleared MC, BWL was in development so a Horde toon sounded like fun while we waited for new content.

Truth be known I loved it as a Horde toon, and the Chuck Norris talk in general chat in The Barrens was hilarious.

So with an invite to come play Horde on the server Saurfang, I thought why not…

The plan was to get a lvl10 rogue toon full of BoA gear and all the bags and scrolls I would need and transfer over stacked with 10k in gold to hit the ground running, so I dumped all that on a Worgen rogue.

Change of plans!

I created a DK goblin WasteGate (getting my old name was a tell tale sign of good things to come) and also a goblin bank alt Ggekko (suitable name… yes?) with a new plan to casually level a DK and more seriously build a wealthy empire with Ggekko.

The introductory area for goblins is very cool and I was impressed with the level flow and fun things goblins get up to. Unlike other starting zones, there is no running your bank alt to the main city as a lvl 1, you need to get off The Lost Isles (unless you can buy a warlock summon). I finished with 2G 16S in my bag.

With the zone completed I arrived at Orgrimmar and hit the AH up straight away with my favourite mod Auctioneer. And made 10G in the first 12hrs.

I actually purchased an online guide on how to create your own WoW fortune and I’ll blog my progress using it. I’m not going to give away my (or actually Markco’s) methods. The reason I purchased a guide? To reinforce my previous methods and after reading and listening (awesome that Markco has taken the time to narrate the guide as well) I have now come to know that I knew very little on WoW G making ;-)

I’ll keep you updated on my progress over the course of this little exercise.

WasteGate

December 16th, 2010 | Category: Gaming, WoW | Leave a comment

[kuroman]

Detective Phinnaeus Gage reporting!

that some effort put in there, what I find weird is that how these guys managed to spread all over the world after the shit they did

btw did you guys read about this : http://www.coindesk.com/us-lawyer-mt-gox-settlement-proposal-could-make-former-users-whole/

[Bit_Happy]

Detective Phinnaeus Gage reporting!

that some effort put in there, what I find weird is that how these guys managed to spread all over the world after the shit they did

btw did you guys read about this : http://www.coindesk.com/us-lawyer-mt-gox-settlement-proposal-could-make-former-users-whole/

Just read it, thank you:

"Under that proposal, former exchange users would support Sunlot‘s bid to buy and relaunch Mt. Gox in exchange for a 16.5% equity stake in the new business and settle with key defendants, including former Mt. Gox chief marketing officer Gonzague Gay-Bouchery and original site creator and equity stakeholder Jed McCaleb."
http://www.coindesk.com/us-lawyer-mt-gox-settlement-proposal-could-make-former-users-whole

See....They already have the support of former Gox traders. 

[Phinnaeus Gage]

Detective Phinnaeus Gage reporting!

that some effort put in there, what I find weird is that how these guys managed to spread all over the world after the shit they did

btw did you guys read about this : http://www.coindesk.com/us-lawyer-mt-gox-settlement-proposal-could-make-former-users-whole/

Just read it, thank you:

"Under that proposal, former exchange users would support Sunlot‘s bid to buy and relaunch Mt. Gox in exchange for a 16.5% equity stake in the new business and settle with key defendants, including former Mt. Gox chief marketing officer Gonzague Gay-Bouchery and original site creator and equity stakeholder Jed McCaleb."
http://www.coindesk.com/us-lawyer-mt-gox-settlement-proposal-could-make-former-users-whole

See....They already have the support of former Gox traders.  

Looks to me like a many traders on this forum were able to exchange BTC for BTC outta Mt Gox at a discounted price point according to this mega-thread: https://bitcointalk.org/index.php?topic=455243.0

[sobriket]

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

[Phinnaeus Gage]

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

Not sure what you mean by Facebook Bots, but the majority of the FB pages I've addressed were created on September 10, 2012, some of which recently point toward Bitcoin entities.

[janos666]

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

Not sure what you mean by Facebook Bots, but the majority of the FB pages I've addressed were created on September 10, 2012, some of which recently point toward Bitcoin entities.

I guess he means these Facebook accounts probably aren't controlled by the represented human beings.
It is possible that somebody knew some of these people for a certain extent and had a reason to mock them.
May be a true blood troll read the story ~10 years ago and it popped up in his mind when he brainstormed in the pedophile topic. Or somebody who got kicked out of the group.

Why would anybody communicate on Facebook like this?
If you regularly use Facebook anyway, then sure, you might also try to use it for some "encrypted" messaging because you got used to it and it passes as "noise".
But to use it only for sending messages which should never become public...?
Facebook let's you set who sees your posts and who does not. why not use that for these kind of messages? (Letting alone the truly secure channels...)

[Phinnaeus Gage]

http://www.targetnewspapers.com/TolfinWeb/public/updates/articles/Articles%202008/0802/080213D.htm

FORMER  U.S.  MOVIE  STAR  TURNED I NTERNET-GAMING  GURU
NAMED  AS  DEFENDANT  IN CALIFORNIA  LAWSUIT

Meanwhile,  the  Hongkong  Taxman  Claims  $HK44.10 million

The Commissioner of Inland Revenue of Hongkong has lodged a $HK44.10-million Legal Claim against Internet Gaming Entertainment Ltd, a company, incorporated in the Hongkong Special Administrative Region (HKSAR) of the People’s Republic of China (PRC) on February 26, 2003.

The Commissioner is chasing after Internet Gaming Entertainment Ltd in respect of the alleged, non-payment of tax.

According to TOLFIN (泰達財經) (The Computerised, Online Financial Intelligence Service and Web-Based, Credit-Checking Provider), Internet Gaming Entertainment Ltd is beneficially owned by IGE U.S. LLC of Boca Raton, Florida.

In turn, IGE U.S. LLC is owned, beneficially, by Mr Brock Jeffry Pierce, formerly a film and television star, back in the 1980s, when, as a child actor, he was known, simply, as Brock Pierce.

Internet Gaming Entertainment Ltd (of the HKSAR), as at February 26, 2007, had an Issued and Fully Paid-Up Share Capital of $HK10,000, divided into 10,000 shares of $HK1.00 per share.

Its shareholders were, as at that date:

Mr Alan Johan Debonneville   One Share
Mr Brock Jeffrey Pierce   One Share
IGE U.C. (which should be U.S.) LLC   9,988 Shares
TOTAL :   10,000 Shares
With regard to the first-named shareholder – Mr Alan Johan Debonneville – he is a Co-Founder of IGE U.S. LLC, but it appears that there has been more than a little falling out with his partner, the 27 year-old, Mr Brock Jeffrey Pierce.

IGE U.S. LLC is a producer of Internet games, known as MMORPG – an acronym for Massive Multiplayer Online Role-Playing Game.

Mr Brock Jeffry Pierce was, at one time, quite well known, having the title role in the Walt Disney’s film: ‘First Kid’. 

Today, Mr Brock Jeffrey Pierce is embroiled in a battle with his Co-Founder, Mr Alan Johan Debonneville, a Swiss national who is, presently, domiciled in the HKSAR, his last-known address, being:

Flat F, 26th Floor, Tower One,
The Orchards,
Number 3, Greig Road,
Quarry Bay,
Hongkong Island.

TOLFIN’s records of land transactions show that this gentleman purchased the above flat for $HK6.95 million from Mr Pai Hu San (白浩森) on June 16, 2006.

[Phinnaeus Gage]

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

Damn, these Facebook Bots are almost human:

https://www.facebook.com/brockpierce



https://www.facebook.com/brock.rector

[Bit_Happy]

....

....

Someone put real effort into creating that photo.
I cannot wait to see the monkey business that goes on at the new Gox.  

[tocoolforschool]

wtf is this serious ?

[counter]

I'm blown away to all the connections you drew out here.  Going to have to take a 2nd and 3rd look into all of this because wow.

[Phinnaeus Gage]

wtf is this serious ?

Nah! I made it all up for my thesis on trolling. The professor said that the facts where pretty good, but the grammar and presentation sucked, so he gave me a D- for deffort. 

[counter]

If you ever need any tips on grammar I'm the guy to ask for help.  Put your full trust in me. 

[Phinnaeus Gage]

http://brockpierce.org/about-brock-pierce/

Among his other current ventures, Pierce co-founded and sits on the boards of Xfire, formerly Titan Gaming, a casual online game publisher incorporating skill-based tournaments for points or cash as its primary business model; EverTune, a patented proprietary technology which keeps any stringed instrument in tune for the life of the string set by utilizing a unique spring system to maintain constant tension; RevenueAPEX, a specialty finance company advancing receivables for the Internet industry; myTaste, a wine recommendation engine connecting expert influencers with passionate consumers; and Xoftek, a unique technology bringing video based VOIP services to televisions across the globe.

https://www.linkedin.com/company/revenue-apex



http://web.archive.org/web/20091121021110/http://www.revenueapex.com/about/

Brock Pierce is a serial entrepreneur who is widely recognized as a market innovator — particularly for his ground-breaking work at the nexus of entertainment, marketing and digital culture. He is renowned for pioneering the market for virtual goods in video games and on social networks, and for changing the way video is distributed.

Currently Pierce is Co-Founder, Chairman and President of Revenue APEX.

Other recent start-ups include: AdRadian, a full service affiliate network and performance based direct response agency; EverTune, a proprietary technology which keeps any stringed instrument in tune for the life of the string by utilizing a unique spring system to maintain constant tension; Taste Media, a knowledge-network connecting expert influencers with passionate consumers of wine and spirits; Borough Six, an Internet based direct marketing company similar to Guthy Renker.

Prior to his most recent ventures, Pierce is credited with the evolution and global consolidation of the virtual assets marketplace and media sector for the online gaming industry. Pierce's Affinity Media is the largest provider of virtual asset trading services, digital gaming content and community services for the world's 45 million gamers. Pierce founded Affinity Media (originally Internet Gaming Entertainment) in 2001, raising over $100 Million from blue chip investors such as Goldman Sachs and Oak Investment Partners. During his tenure as CEO from 2001 to 2007, he managed the acquisition of over 20 companies globally and established operations in Shanghai, Hong Kong, Seoul and the United States — with over 600 employees. Affinity is still the market leader in the sector and Pierce currently serves as an advisor and Vice-Chairman of the Board.

Prior to founding Affinity Media, Pierce was among a handful of industry pioneers to recognize and harness the potential represented by the convergence of entertainment, media and immersive online games - founding one of the first businesses to successfully link virtual world economies with real ones in 1997. At the same time, while attending the University of Southern California's film school, he co-founded Digital Entertainment Network (DEN), a company focused on the delivery of entertainment over broadband. DEN raised more than $88 million from investors such as Microsoft, Intel and NBC.

Pierce is an active angel investor and a member of the Tech Coast Angels. On the philanthropic front, he is an active supporter of non-profit and advocacy organizations and is a member of the Clinton Global Initiative. Both Wired and Fortune Magazine have written exposés on Pierce. He has also been a lecturer at Stanford and USC.

William Quigley joined Clearstone Venture Partners shortly after its formation to concentrate on its internet and communications related investments. During his first two and a half years with the firm, he worked out of the idealab! incubator and helped launch and lead investments in many idealab! backed companies including Homepage.com, FreePC, FreeMusic.com and Paymybills.com. A number of his early-stage investments have gone public, including MP3.com, Tickets.com, Emusic and PeopleSupport and several have been acquired including InternetConnect (sold to Covad) and Phasebridge (sold to Emcore).

Quigley's current portfolio reflects his belief in the enormous opportunity in the wireless consumer and enterprise markets (AOptix, SoonR, Meru Networks, Novariant). He is also focused on emerging companies offering managed services in the enterprise and consumer sectors (Communicado, Spock Networks). Quigley is a member of the Board of Directors of AOptix Technologies, Communicado, Meru Networks, Novariant, SoonR and Spock.com.

To get a glimpse as to what Mt Gox/New Gox/Mount Coxs will become, check this out: http://www.revenueapex.com

[Phinnaeus Gage]

If you ever need any tips on grammar I'm the guy to ask for help.  Put your full trust in me. 

I guess it's pretty difficult to fuck up grammar-wise when one only pens two sentences per post. Not sayin' that that's a bad thing. 

[Bit_Happy]

"The survival of MtGox can send a powerful message to the broader public and regulators." (savegox.com)

Is ironic the right word?
How ironic is it that the powerful message they want to send is "MtGox is run by a child rapist"?
Oh wait look at this.........

Here is something I didn't notice before:
"We are prepared to invest heavily in this business once we have conducted a full accounting of MtGox's assets and legal liabilities. When MtGox was hacked, customer balances potentially were altered, resulting in the deficits that forced the exchange to shut down. Until a qualified audit has been undertaken by a suitable internationally recognized auditor, the size of those liabilities will remain unknown."  

I smell made up BS, but it's still interesting to think the hackers simply added 650,000 BTC to selected accounts.
LOL...??

[Phinnaeus Gage]

"The survival of MtGox can send a powerful message to the broader public and regulators." (savegox.com)

Is ironic the right word?
How ironic is it that the powerful message they want to send is "MtGox is run by a child rapist"?
Oh wait look at this.........

Here is something I didn't notice before:
"We are prepared to invest heavily in this business once we have conducted a full accounting of MtGox's assets and legal liabilities. When MtGox was hacked, customer balances potentially were altered, resulting in the deficits that forced the exchange to shut down. Until a qualified audit has been undertaken by a suitable internationally recognized auditor, the size of those liabilities will remain unknown."  

I smell made up BS, but it's still interesting to think the hackers simply added 650,000 BTC to selected accounts.
LOL...??

Bitcoin entities aside, I'm hard-pressed to find a flourishing company that Brock Pierce invested in. In fact, I'm in the process of compiling a list accompanied with a where-are-they-now?, for all I've seen to date is 100's of millions of dollars...

[Aditya]

Are you Sunlot supporters dense? Did you people lose IQ to transaction malleability? Are you SO dumb you let yourself get sweet talked by John Betts (who, by the way, talks like a politician: in circles without answering the question)?

Let's get some quick facts out of the way:

1. Scamlot are insiders
Yeah, that's right. They've been trying to pull this shit off from the start, way back in Feburary. They are in the know. They know more than we do, and they know how to take advantage of this. If they know where the coins are, they take the 10%, for sure.

2. Scamlot are liars
They promised to invest their own money and they promised to not touch customer funds. Where's that promise now?

Did you hear? They claim to have had 70% of creditor support! How is that even possible? It's not, that's why they changed it to 40%. And this much only because you're unknowingly being represented in class action groups who are sipping wine and colluding behind our backs. Think about it, mtgoxrecovery.com which has been up since the start only barely has 30% representation.

3. Scamlot have NO STAKE in mtgox
These people have no coins in mtgox. These people are not putting upfront money to restart mtgox. From their actions they do not give a shit about bitcoin, the community, and even less the former users of mtgox. They are paying 1btc to buy out the 200k btc so they can squeeze us for what's left. They have nothing to lose, and everything to gain.

Add on to that the excessive fearmongering "liquidation will only give you 3%!!!" (bullshit), "the courts, supervisor, and police are trying to screw you over!!!(sic)" (bullshit), and you get the picture.

4. If they fail, you get NOTHING left
Scamlot is a company in Cyprus. There is nothing, absolutely NOTHING, we can do to prevent them from having an "accident", losing all the coins, and declaring bankruptcy in Cyprus. What? You want your coins back? From a liquidation? In Cyprus? LOL

Bottom Line: Scamlot is trying to take YOUR MONEY

Yeah that's right, that 10 million dollars? They get that off the bat, for doing an audit. Ten Million Dollars for a fucking audit. Any sane person will tell you that is theft.

But oh-my-god what if they find coins?!?!?!

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

Source: http://www.reddit.com/r/mtgoxinsolvency/comments/24epjc/wake_up_sheeple_see_scamlot_for_what_they_are/

[Phinnaeus Gage]

Are you Sunlot supporters dense? Did you people lose IQ to transaction malleability? Are you SO dumb you let yourself get sweet talked by John Betts (who, by the way, talks like a politician: in circles without answering the question)?

Let's get some quick facts out of the way:

1. Scamlot are insiders
Yeah, that's right. They've been trying to pull this shit off from the start, way back in Feburary. They are in the know. They know more than we do, and they know how to take advantage of this. If they know where the coins are, they take the 10%, for sure.

2. Scamlot are liars
They promised to invest their own money and they promised to not touch customer funds. Where's that promise now?

Did you hear? They claim to have had 70% of creditor support! How is that even possible? It's not, that's why they changed it to 40%. And this much only because you're unknowingly being represented in class action groups who are sipping wine and colluding behind our backs. Think about it, mtgoxrecovery.com which has been up since the start only barely has 30% representation.

3. Scamlot have NO STAKE in mtgox
These people have no coins in mtgox. These people are not putting upfront money to restart mtgox. From their actions they do not give a shit about bitcoin, the community, and even less the former users of mtgox. They are paying 1btc to buy out the 200k btc so they can squeeze us for what's left. They have nothing to lose, and everything to gain.

Add on to that the excessive fearmongering "liquidation will only give you 3%!!!" (bullshit), "the courts, supervisor, and police are trying to screw you over!!!(sic)" (bullshit), and you get the picture.

4. If they fail, you get NOTHING left
Scamlot is a company in Cyprus. There is nothing, absolutely NOTHING, we can do to prevent them from having an "accident", losing all the coins, and declaring bankruptcy in Cyprus. What? You want your coins back? From a liquidation? In Cyprus? LOL

Bottom Line: Scamlot is trying to take YOUR MONEY

Yeah that's right, that 10 million dollars? They get that off the bat, for doing an audit. Ten Million Dollars for a fucking audit. Any sane person will tell you that is theft.

But oh-my-god what if they find coins?!?!?!

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

Source: http://www.reddit.com/r/mtgoxinsolvency/comments/24epjc/wake_up_sheeple_see_scamlot_for_what_they_are/

Thanks for the valuable info, bud.

[Phinnaeus Gage]

Would you like to see the list of names of those who combine invested $88M USD to DEN so that they could film a single $45,000 USD budgeted pilot episode depicting the true life story of luring underage boys to fuck up the ass while under the influence of drugs and alcohol and with weapons held on them produced by Brock Pierce?

If yes, it's only 28 pages long and can be seen here: http://amradaronline.files.wordpress.com/2014/04/deninvestorlist-wmbbb.pdf

To this day they're still trying to figure out what the other $87M+ USD was spent on, but they have a clue it involves entertaining other underage boys in exchange (nice word) for sex.

FYI, Brock Pierce is a Life Member of Bitcoin Foundation of which KnC just paid $100K USD to become a Platinum Member, not there's any connection. I'm just saying!  

[Phinnaeus Gage]

http://www.josephmenn.com/other_den.php

For early financing, majority owner and chairman Collins-Rector turned to high-profile individuals he had come to know in Hollywood, including television actor Fred Savage. Former U.S. Rep. Michael Huffington said he invested $5 million.

Huffington later complained that he was led to believe major companies were investing at the same time he was, and on the same terms--which wasn't true. He also said Collins-Rector traded on his name, describing Huffington as vice chairman although he held no such position.

Soon Collins-Rector was jetting across the country for meetings with much bigger players in the worlds of technology and venture capital.

He was smooth in pitch meetings, using a laptop computer to show investors how DEN would transform not only Internet entertainment, but also advertising and e-commerce. One CD-ROM demonstration showed how users would be able to stop a show in freeze frame, then click on an actor's shirt to buy one like it. The technology never appeared on the actual Web site, but investors were impressed nonetheless.

I can only imagine the dog and anime pony show put on in front the I-don't-give-a-shit-court-appointed-trustee/lawyer and the retired judge.

Honestly, I ain't got a clue as to how they were able to keep their throbbing dicks in their pants when they left the courtroom while making a beeline to the getaway limo.

[Bit_Happy]

...
Honestly, I ain't got a clue as to how they were able to keep their throbbing dicks in their pants when they left the courtroom while making a beeline to the getaway limo.

The limo was nothing special.
Just a common limo for bankrupt businessmen:

[Phinnaeus Gage]

...
Honestly, I ain't got a clue as to how they were able to keep their throbbing dicks in their pants when they left the courtroom while making a beeline to the getaway limo.

The limo was nothing special.
Just a common limo for bankrupt businessmen:

http://www.josephmenn.com/other_den.php

In 1984, Collins-Rector and an Orange County businessman named Stephen Fryer founded an Irvine-based company called World TravelNet that electronically coordinated tours and cruises. Its affiliate, World ComNet, sold shares on the Vancouver stock exchange in 1987. The value of the company peaked at about $100 million before it ran into sharp competition from the airline industry and eventually filed for bankruptcy.

"It was so close," Fryer said. "We just ran out of money."

[Phinnaeus Gage]

http://www.josephmenn.com/other_den.php

According to a company filing with the SEC last fall, David Neuman, recruited from Disney to become DEN's president, was paid an annual salary of $1.5 million. Gersh and John Silva, music industry executives brought in to start a record label, were each paid $600,000. The company's head of marketing was paid $1 million and its chief financial officer $400,000.

Even Brock Pierce, then 18, was paid $250,000, more than most full-fledged Internet chief executives earn. Pierce and Shackley both took executive vice president titles.

I duly hope Sunlot is able to glean enough funds outta the former Mt Gox to maintain their modest lifestyle.

VC 1: I'm going to Taco Bell to pick up lunch. Should I take the Pinto or the Vega?
VC 2: Dude, take the bike. Remember, we don't want to spend anymore of Mt Gox's former customer's bitcoins then we have to.
VC 1: Good call, bud.
VC 2: I was only fuckin' with you, dude. Take the jet to Hong Kong and bring us back some real food. And, if you see a couple good looking young boys, snatch them up as well.
VC 3: Good call!
VC 4: If he takes the bigger jet, there'll be more room for more boys.
VC 1: I say fuck lunch, and all of us head to Pattaya for the weekend.
VC 5: But it's only Tuesday.
VC 2: I demand to know who gave you permission to look at a calendar.
VC 1-5: <in unison> Jajajajajajaja!

[Bit_Happy]

http://www.josephmenn.com/other_den.php

According to a company filing with the SEC last fall, David Neuman, recruited from Disney to become DEN's president, was paid an annual salary of $1.5 million. Gersh and John Silva, music industry executives brought in to start a record label, were each paid $600,000. The company's head of marketing was paid $1 million and its chief financial officer $400,000.

Even Brock Pierce, then 18, was paid $250,000, more than most full-fledged Internet chief executives earn. Pierce and Shackley both took executive vice president titles.

I duly hope Sunlot is able to glean enough funds outta the former Mt Gox to maintain their modest lifestyle.

VC 1: I'm going to Taco Bell to pick up lunch. Should I take the Pinto or the Vega?
VC 2: Dude, take the bike. Remember, we don't want to spend anymore of Mt Gox's former customer's bitcoins then we have to.
VC 1: Good call, bud.
VC 2: I was only fuckin' with you, dude. Take the jet to Hong Kong and bring us back some real food. And, if you see a couple good looking young boys, snatch them up as well.

They cannot have Gox.
Have you posted a thread or two on Reddit, yet?
What day is your flight to Tokyo? 

[Phinnaeus Gage]

http://www.josephmenn.com/other_den.php

According to a company filing with the SEC last fall, David Neuman, recruited from Disney to become DEN's president, was paid an annual salary of $1.5 million. Gersh and John Silva, music industry executives brought in to start a record label, were each paid $600,000. The company's head of marketing was paid $1 million and its chief financial officer $400,000.

Even Brock Pierce, then 18, was paid $250,000, more than most full-fledged Internet chief executives earn. Pierce and Shackley both took executive vice president titles.

I duly hope Sunlot is able to glean enough funds outta the former Mt Gox to maintain their modest lifestyle.

VC 1: I'm going to Taco Bell to pick up lunch. Should I take the Pinto or the Vega?
VC 2: Dude, take the bike. Remember, we don't want to spend anymore of Mt Gox's former customer's bitcoins then we have to.
VC 1: Good call, bud.
VC 2: I was only fuckin' with you, dude. Take the jet to Hong Kong and bring us back some real food. And, if you see a couple good looking young boys, snatch them up as well.

They cannot have Gox.
Have you posted a thread or two on Reddit, yet?
What day is your flight to Tokyo? 

I'm not too into Reddit. And, who's to say I'm not already in Tokyo? BTW, Roger says hi. 

[Phinnaeus Gage]

http://www.josephmenn.com/other_den.php

All told, through the first six months of 1999, the company hadn't recorded a dime in revenue and reported a loss of $20 million, including $12 million in salaries and "programming costs." Losing money is hardly unusual for Internet start-ups. But while most spend the bulk of their money on marketing and scrimp on salaries and content, DEN was doing the opposite.

I can't imagine what Brock Pierce will do once he has access to $750,000,000 USD. My first guess is he'll have KnC rent another helicopter hanger and fire up 7,000+ Neptunes.

"honest discovery, observation, and reaction is better than contrived invention"

[Phinnaeus Gage]

That evening, according to the suit, Collins-Rector entered the boy's room and "moved his hand down [the boy's] chest, repeating the question, 'Do you trust me?' "

Mt Gox former customer, #29,317, please tell the court what happened next.

Well, I read the savegox.com... and then... then... I'm sorry...

Take your time, for we know this is difficult for you.

Yes, sir. Then I started feeling comfortable. I trusted Sunlot. I... I...

You're, dismissed, #29,317, and thank you for your testimony.

If it pleases the court, I wish to call former Mt Gox customer #29,318 to the stand.

<retired judge removing his hand from underneath his robe... and smiling> It pleases me... I mean, proceed.

[btcusury]

Hmmm, interesting research, Phinnaeus Gage.

So, according to your theory, Collins-Rector, the ringleader, was used as a fall guy, which allowed the FBI to close the case and obtain a couple of reliable assets with expertise in Internet technology and showbiz, whom they are now deploying to take over MtGox. The IC do this stuff all the time, so it's not implausible due to scope/scale... but, what would the purpose be?

Tracking major SR vendors? They probably have all the info they could get from MtGox, given how hackable/insecure the site was.

Controlling a major Bitcoin exchange? It would be equally easy to set up a new one... and MtGox's broken reputation makes its marketability uncertain.

So what could the purpose be?

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

For most people with large sums stuck/lost in MtGox, even if what you say about Sunlot is true, it's STILL preferrable over liquidation. Getting goxxed by capitalist vultures is preferrable over getting goxxed by Japanese lawyers who just want to get rid of a hot potato the easiest way.

That some people would rather get ~20% or less of their funds, rather than the same quantity (or a little bit less) PLUS the possibility of recovering the rest over time, is mind-blowing.

Leading the push for liquidation on the customer/creditor side is Oliver Janssen (mtgoxrecovery.com, anarchystar). His motivation seems to be REVENGE. He doesn't care about the few millions he lost at MtGox -- odd behavior for a millionaire, but it seems his focus is on getting Karpeles behind bars.

AFAIC, even if Sunlot are FBI stooges, they are preferrable over liquidation.

[elbill]

So....killGox

[knarzo]

A Mighty Ducks Child Star Has a Plan for Failed Bitcoin Exchange Mt. Gox

and not a single hint about his boy-loving history from Joshua Brustein. He should read this thread 


http://www.businessweek.com/articles/2014-05-02/a-mighty-ducks-child-star-has-a-plan-for-failed-bitcoin-exchange-mt-dot-gox

[Phinnaeus Gage]

Hmmm, interesting research, Phinnaeus Gage.

So, according to your theory, Collins-Rector, the ringleader, was used as a fall guy, which allowed the FBI to close the case and obtain a couple of reliable assets with expertise in Internet technology and showbiz, whom they are now deploying to take over MtGox. The IC do this stuff all the time, so it's not implausible due to scope/scale... but, what would the purpose be?

Tracking major SR vendors? They probably have all the info they could get from MtGox, given how hackable/insecure the site was.

Controlling a major Bitcoin exchange? It would be equally easy to set up a new one... and MtGox's broken reputation makes its marketability uncertain.

So what could the purpose be?

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

For most people with large sums stuck/lost in MtGox, even if what you say about Sunlot is true, it's STILL preferrable over liquidation. Getting goxxed by capitalist vultures is preferrable over getting goxxed by Japanese lawyers who just want to get rid of a hot potato the easiest way.

That some people would rather get ~20% or less of their funds, rather than the same quantity (or a little bit less) PLUS the possibility of recovering the rest over time, is mind-blowing.

Leading the push for liquidation on the customer/creditor side is Oliver Janssen (mtgoxrecovery.com, anarchystar). His motivation seems to be REVENGE. He doesn't care about the few millions he lost at MtGox -- odd behavior for a millionaire, but it seems his focus is on getting Karpeles behind bars.

AFAIC, even if Sunlot are FBI stooges, they are preferrable over liquidation.

D.E.N. OF INIQUITY ; CHAIRMAN’S EXIT FOLLOWS PEDO SUIT

http://nypost.com/1999/11/03/d-e-n-of-iniquity-chairmans-exit-follows-pedo-suit/

The chairman and co-founder of the red-hot Internet start-up Digital Entertainment Network resigned after settling a lawsuit alleging he sexually abused a 13-year-old boy.

Marc Collins-Rector, 39, hastily departed from the company last week – just a month after it filed for a $75 million IPO.

Two weeks after the company filed its documents with the SEC, Collins-Rector was served with a lawsuit claiming he picked up the 13-year-old New Jersey boy online in 1993.

The suit alleges that Collins-Rector – who previously founded the company Concentric Networks – met the boy through a Concentric bulletin board using the name “Cyberpoet,” Businessweek.com reported yesterday.

After allegedly offering the boy a job and flying him to his home in Bay City, Mich., Collins-Rector “used his age, his corporate position, his home, his wealth, and his maturity to commit acts of sexual abuse,” the website quoted the lawsuit as claiming.

The relationship allegedly continued until 1996, with the boy visiting Collins-Rector after he moved to Beverly Hills to start DEN.

Ronald Palmieri, a lawyer for Collins-Rector, denied the allegations in the suit and said it was settled “amicably” two weeks after it was served.

He declined to say whether the settlement included any payment.

In a statement, DEN said Collins-Rector had planned to leave the company to launch another technology start-up, and the claim against him “accelerated” his departure.

Palmieri said his client hastened his departure to make sure the lawsuit did not adversely affect the company. “DEN was preparing for its IPO, and Mr. Collins-Rector did not want any negative impact of the unverified allegations to come against the company,” Palmieri said.

When Collins-Rector resigned, he was followed by the two other co-founders, Chad Shackley, 24, and Brock Pierce, 18. Shackley and Pierce were not named in the lawsuit.

Collins-Rector will hold 46 percent of the company’s equity after conversions, his lawyer said, and his voting power is in the hands of two outside directors.

DEN – which has backing from giants such as Microsoft and Dell – produces short streaming-video for the web.

A Chase Manhattan venture fund holds an 8.09 percent stake in the company, as does Cassandra Chase, a venture partnership between the bank and money-manager to the stars Dana Giaccheto. Cassandra Chase is separate from Cassandra Inc., which is Giaccheto’s company that buys blue chip stocks for the likes of Leonardo DiCaprio.

One stunned investor in DEN, upon hearing news of the lawsuit, simply said: “I don’t believe that.”

The investor went on to say the company would succeed anyway.

“I think they’re a cutting edge content-provider, and they have a good chance of winning in this space.”

Disgraced stockbroker Dana Giacchetto surrenders on federal fraud charges after already ripping off A-list stars

Giacchetto gained infamy in 2000 when he was charged with stealing nearly $10 million from the likes of actors Ben Stiller, Matt Damon and Tobey Maguire.

Prosecutors said Giacchetto used his stolen riches to prop up his investment firm, the Cassandra Group, and fund a lavish lifestyle on the Hollywood party circuit.

[Bit_Happy]

So....killGox

How to kill Gox if it comes back to life?
Many people will choose the other exchanges, but people hoping to eventually recover money will have "ownership" in the Brave New Gox, so they might mostly trade there.

[renfr]

Hmmm, interesting research, Phinnaeus Gage.

So, according to your theory, Collins-Rector, the ringleader, was used as a fall guy, which allowed the FBI to close the case and obtain a couple of reliable assets with expertise in Internet technology and showbiz, whom they are now deploying to take over MtGox. The IC do this stuff all the time, so it's not implausible due to scope/scale... but, what would the purpose be?

Tracking major SR vendors? They probably have all the info they could get from MtGox, given how hackable/insecure the site was.

Controlling a major Bitcoin exchange? It would be equally easy to set up a new one... and MtGox's broken reputation makes its marketability uncertain.

So what could the purpose be?

Ok, listen up you retarded little shits, because I'm not going to repeat myself. There's only two possible outcomes.

1. They don't find the coins Well trolofuckinglol, we just paid them 10m for someone to tell us there are no coins left. We already knew that, but we're going to pay someone 10 million dollars to tell us again, in case reality isn't sinking in. It doesn't even take 10 million to liquidate the company.

2. They find the coins So after extorting us for 10 million, they get a 10% cut of whatever they find. That's a maximum of 65k btc, or 30 million. Oh, and they get 84% of the company in the end. Oh, and our debt is converted into fiat at a fixed rate of $450, and we get payed back in fiat, not bitcoin.

In the meanwhile, our funds are held hostage for over a year, and we get a pitiful 16% of a stinkhole they show no signs of supporting.
And you know what? These people are insiders, liars, and vultures, they know how this will end, it's just a matter of how much they profiteer out of this.

ScamGox 2014 Thanks but no thanks, I've been goxxed enough. I'll take liquidation over this mockery.

For most people with large sums stuck/lost in MtGox, even if what you say about Sunlot is true, it's STILL preferrable over liquidation. Getting goxxed by capitalist vultures is preferrable over getting goxxed by Japanese lawyers who just want to get rid of a hot potato the easiest way.

That some people would rather get ~20% or less of their funds, rather than the same quantity (or a little bit less) PLUS the possibility of recovering the rest over time, is mind-blowing.

Leading the push for liquidation on the customer/creditor side is Oliver Janssen (mtgoxrecovery.com, anarchystar). His motivation seems to be REVENGE. He doesn't care about the few millions he lost at MtGox -- odd behavior for a millionaire, but it seems his focus is on getting Karpeles behind bars.

AFAIC, even if Sunlot are FBI stooges, they are preferrable over liquidation.

No, Sunlot would be worse, way worse.

Is someone able to inform Mark about this? We have to do something in order to throw out Sunlot from the candidates to rehab.

[subSTRATA]

Ohh, LOL, now I got it! At 33th minute of http://www.youtube.com/watch?v=4pBd-OD9Rns he did some strange eye movements and said they launched
MaidSafe, a P2P dropbox. "Interesting" name for the project I must admit but I can already see terabytes of child porn on HDDs of everyone stupid enough
to be involved in that shit and then a massive FBI raid that will result in not just child porn confiscated but a ton of bitcoins and possibly other cryptocoins.

Avoid MaidSafe!

[shmadz]

Ohh, LOL, now I got it! At 33th minute of http://www.youtube.com/watch?v=4pBd-OD9Rns he did some strange eye movements and said they launched
MaidSafe, a P2P dropbox. "Interesting" name for the project I must admit but I can already see terabytes of child porn on HDDs of everyone stupid enough
to be involved in that shit and then a massive FBI raid that will result in not just child porn confiscated but a ton of bitcoins and possibly other cryptocoins.

Avoid MaidSafe!

Thanks for the link!

the first 30 minutes of that vid are worth watching if you haven't already. the rest is... well, I would skip all the parts where charlie speaks...

but definitely check out right around 49:30 (he's going on about remittances and then he looks straight at the camera, the camera switches views, and then he flashes a triple six handsign. I'm not even kidding)



you just can't make this shit up.

[Phinnaeus Gage]

A Mighty Ducks Child Star Has a Plan for Failed Bitcoin Exchange Mt. Gox

and not a single hint about his boy-loving history from Joshua Brustein. He should read this thread 


http://www.businessweek.com/articles/2014-05-02/a-mighty-ducks-child-star-has-a-plan-for-failed-bitcoin-exchange-mt-dot-gox

Excellent plan! The promissory notes are already in production.

[Phinnaeus Gage]

Ohh, LOL, now I got it! At 33th minute of http://www.youtube.com/watch?v=4pBd-OD9Rns he did some strange eye movements and said they launched
MaidSafe, a P2P dropbox. "Interesting" name for the project I must admit but I can already see terabytes of child porn on HDDs of everyone stupid enough
to be involved in that shit and then a massive FBI raid that will result in not just child porn confiscated but a ton of bitcoins and possibly other cryptocoins.

Avoid MaidSafe!

Thanks for the link!

the first 30 minutes of that vid are worth watching if you haven't already. the rest is... well, I would skip all the parts where charlie speaks...

but definitely check out right around 49:30 (he's going on about remittances and then he looks straight at the camera, the camera switches views, and then he flashes a triple six handsign. I'm not even kidding)



you just can't make this shit up.

[hlynur]

sorry for crossposting but here are more articles regarding Pierce's story:

a capture of the mentioned (http://boingboing.net/2007/11/15/goldfarming-empire-l.html) radar magazine article Nov 2007 covering the connection between Collins-Rector and Pierce's former company IGE:
http://web.archive.org/web/20080418073324/http://www.radaronline.com/from-the-magazine/2007/11/den_chads_world_marc_collins_rector_1-print.php

two wired articles on Pierce's career as a whole, DEN case is only briefly touched, still an interesting read:
Part 1 "A Drive Through Laurel Canyon With Brock Pierce"
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige_pierce
Part 2 "The Decline and Fall of an Ultra Rich Online Gaming Empire"
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige?currentPage=all

[Bit_Happy]

Ohh, LOL, now I got it! At 33th minute of http://www.youtube.com/watch?v=4pBd-OD9Rns he did some strange eye movements and said they launched
MaidSafe, a P2P dropbox. "Interesting" name for the project I must admit but I can already see terabytes of child porn on HDDs of everyone stupid enough
to be involved in that shit and then a massive FBI raid that will result in not just child porn confiscated but a ton of bitcoins and possibly other cryptocoins.

Avoid MaidSafe!

Thanks for the link!

the first 30 minutes of that vid are worth watching if you haven't already. the rest is... well, I would skip all the parts where charlie speaks...

but definitely check out right around 49:30 (he's going on about remittances and then he looks straight at the camera, the camera switches views, and then he flashes a triple six handsign. I'm not even kidding)



you just can't make this shit up.

I asked a Man of God for guidance regarding Brock Pierce buying MtGox and he said not to worry:

[Phinnaeus Gage]

Ohh, LOL, now I got it! At 33th minute of http://www.youtube.com/watch?v=4pBd-OD9Rns he did some strange eye movements and said they launched
MaidSafe, a P2P dropbox. "Interesting" name for the project I must admit but I can already see terabytes of child porn on HDDs of everyone stupid enough
to be involved in that shit and then a massive FBI raid that will result in not just child porn confiscated but a ton of bitcoins and possibly other cryptocoins.

Avoid MaidSafe!

Thanks for the link!

the first 30 minutes of that vid are worth watching if you haven't already. the rest is... well, I would skip all the parts where charlie speaks...

but definitely check out right around 49:30 (he's going on about remittances and then he looks straight at the camera, the camera switches views, and then he flashes a triple six handsign. I'm not even kidding)



you just can't make this shit up.

I asked a Man of God for guidance regarding Brock Rectum Pierce buying MtGox and he said not to worry:

[Bit_Happy]

Brock Pierce does well in this video:
http://www.youtube.com/watch?v=4pBd-OD9Rns
He will make a great head thief* for the new Gox.

*Edit: That comment was based on Brock being sued by one or more former partners who claim to have been cheated.

[Phinnaeus Gage]

Brock Pierce does well in this video:
http://www.youtube.com/watch?v=4pBd-OD9Rns
He will make a great head (no pun intended) thief for the new Gox.

FTFY!

[Phinnaeus Gage]

http://www.scribd.com/doc/219613733/sunlot-holdings-proposed-rehabilitation-plan-ENGLISH#fullscreen

In actuality, Mr. Karpeles has often admitted that, because we are a team with rich experience and high-level skills, we have better management resources to manage MTGOX company in place of MTGOX company and their customers than the current management.

Jesus Fuckin' Christ! First, Jed McCaleb hands over Mt Gox to Mark Karpeles because of his skill sets, and now the hacked together team wants it handed over to them. I suggest letting this dude from Finland run it: https://www.youtube.com/watch?v=0p3c4viNMNk

[Bit_Happy]

The Wall Street Journal and the class action lawyers are aggressively supporting and positioning themselves behind Sunlot.
Who is representing the interests of people who do not want this plan?

[sobriket]

http://www.scribd.com/doc/219613733/sunlot-holdings-proposed-rehabilitation-plan-ENGLISH#fullscreen

In actuality, Mr. Karpeles has often admitted that, because we are a team with rich experience and high-level skills, we have better management resources to manage MTGOX company in place of MTGOX company and their customers than the current management.

Jesus Fuckin' Christ! First, Jed McCaleb hands over Mt Gox to Mark Karpeles because of his skill sets, and now the hacked together team wants it handed over to them. I suggest letting this dude from Finland run it: https://www.youtube.com/watch?v=0p3c4viNMNk

You're totally killing me Phinnaeus, hahahaha

[Phinnaeus Gage]

http://www.scribd.com/doc/219613733/sunlot-holdings-proposed-rehabilitation-plan-ENGLISH#fullscreen

In actuality, Mr. Karpeles has often admitted that, because we are a team with rich experience and high-level skills, we have better management resources to manage MTGOX company in place of MTGOX company and their customers than the current management.

Jesus Fuckin' Christ! First, Jed McCaleb hands over Mt Gox to Mark Karpeles because of his skill sets, and now the hacked together team wants it handed over to them. I suggest letting this dude from Finland run it: https://www.youtube.com/watch?v=0p3c4viNMNk

You're totally killing me Phinnaeus, hahahaha

[tins]

http://www.scribd.com/doc/219613733/sunlot-holdings-proposed-rehabilitation-plan-ENGLISH#fullscreen

In actuality, Mr. Karpeles has often admitted that, because we are a team with rich experience and high-level skills, we have better management resources to manage MTGOX company in place of MTGOX company and their customers than the current management.

Jesus Fuckin' Christ! First, Jed McCaleb hands over Mt Gox to Mark Karpeles because of his skill sets, and now the hacked together team wants it handed over to them. I suggest letting this dude from Finland run it: https://www.youtube.com/watch?v=0p3c4viNMNk

You're totally killing me Phinnaeus, hahahaha

That chart pretty much sums it up.

[atc1]

Heh,just let the law take it's course. There's no saying whether or not they found any of the "lost" coins,and who is supposed to be given priority even if some of the coins are found? Let the authorities deal with it,the ball's in their court now. No one knows if they'll even return the coins/money from liquidated coins to their owners. What's all this 3rd party initiative to deal with the case themselves?

[yantis]

I cut and pasted my response form the other Brock hate thread:

Truth from a long time friend, enemy, business partner & competitor:

Pretty amazing the amount of damage someone can do with some fake facebook accounts. I have to wonder what the agenda is here and if it has something to do with the Bitcoin Foundations elections...or worse someone trying to hurt Bitcoin as Brock is one of the most outspoken people in the Bitcoin space.

I clicked on Brock's timeline on his real facebook for the supposed above dates and he was in Los Angeles, California and not in Spain. Don't let someone troll you with fake facebook accounts.
Instead of reading all this made up crap and coming up with a bad opinion I suggest you reach out to him and talk to him yourself.

The true facts are pretty simple:
- Brock was associated with Rector when he was a teenager. I don't know any details. I personally think he was a victim. He has never mentioned it and I don't bring it up.
- Think about this one: Brock was my #1 competitor. If I could have used it against him I probably would have if there was something to use.
- Most everything is about money. People sue and make stuff up to try to get you to pay something. Sadly this is how it is.
- If you noticed on the lawsuit on his partners suing Brock for cheating his partners I took no part of because it was mostly lies.
- Brock makes more money for his investors that you know. He might fail in 3 out of 4 of his companies but that fourth one makes so much money for his investors which is why they keep investing in them.
- People get fired from businesses which why you only hear their side of the story and its always negative.
- I can also guarantee you without a doubt is Brock is a lover of women (so much that I fear that it keeps getting him into trouble).

From someone who knows all the facts. There is some agenda being played out here. What a better way to take one of Bitcoin's star advocates and link him to Paedophilia. This is FUD in the worst possible way.

As for Sunlot I suggest you guys read the FAQ before bashing it and make your own opinions and reach out to John if something isn't on there and get a real answer. Its your money after all.
http://www.savegox.com/?page_id=35

[hlynur]

I cut and pasted my response form the other Brock hate thread:

Truth from a long time friend, enemy, business partner & competitor:

Pretty amazing the amount of damage someone can do with some fake facebook accounts. I have to wonder what the agenda is here and if it has something to do with the Bitcoin Foundations elections...or worse someone trying to hurt Bitcoin as Brock is one of the most outspoken people in the Bitcoin space.

I clicked on Brock's timeline on his real facebook for the supposed above dates and he was in Los Angeles, California and not in Spain. Don't let someone troll you with fake facebook accounts.
Instead of reading all this made up crap and coming up with a bad opinion I suggest you reach out to him and talk to him yourself.

The true facts are pretty simple:
- Brock was associated with Rector when he was a teenager. I don't know any details. I personally think he was a victim. He has never mentioned it and I don't bring it up.
- Think about this one: Brock was my #1 competitor. If I could have used it against him I probably would have if there was something to use.
- Most everything is about money. People sue and make stuff up to try to get you to pay something. Sadly this is how it is.
- If you noticed on the lawsuit on his partners suing Brock for cheating his partners I took no part of because it was mostly lies.
- Brock makes more money for his investors that you know. He might fail in 3 out of 4 of his companies but that fourth one makes so much money for his investors which is why they keep investing in them.
- People get fired from businesses which why you only hear their side of the story and its always negative.
- I can also guarantee you without a doubt is Brock is a lover of women (so much that I fear that it keeps getting him into trouble).

From someone who knows all the facts. There is some agenda being played out here. What a better way to take one of Bitcoin's star advocates and link him to Paedophilia. This is FUD in the worst possible way.

As for Sunlot I suggest you guys read the FAQ before bashing it and make your own opinions and reach out to John if something isn't on there and get a real answer. Its your money after all.
http://www.savegox.com/?page_id=35

so apparently you're saying somebody registered most of the fake accounts in 09/10/2012 and finally timed a pic upload on 02/19/2014 perfectly to Pierce's activities on his original account to draw the connection?
this guy really must have put some work into this.

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

Damn, these Facebook Bots are almost human:

https://www.facebook.com/brockpierce



https://www.facebook.com/brock.rector

[JayJuanGee]

I cut and pasted my response form the other Brock hate thread:

Truth from a long time friend, enemy, business partner & competitor:

Pretty amazing the amount of damage someone can do with some fake facebook accounts. I have to wonder what the agenda is here and if it has something to do with the Bitcoin Foundations elections...or worse someone trying to hurt Bitcoin as Brock is one of the most outspoken people in the Bitcoin space.

I clicked on Brock's timeline on his real facebook for the supposed above dates and he was in Los Angeles, California and not in Spain. Don't let someone troll you with fake facebook accounts.
Instead of reading all this made up crap and coming up with a bad opinion I suggest you reach out to him and talk to him yourself.

The true facts are pretty simple:
- Brock was associated with Rector when he was a teenager. I don't know any details. I personally think he was a victim. He has never mentioned it and I don't bring it up.
- Think about this one: Brock was my #1 competitor. If I could have used it against him I probably would have if there was something to use.
- Most everything is about money. People sue and make stuff up to try to get you to pay something. Sadly this is how it is.
- If you noticed on the lawsuit on his partners suing Brock for cheating his partners I took no part of because it was mostly lies.
- Brock makes more money for his investors that you know. He might fail in 3 out of 4 of his companies but that fourth one makes so much money for his investors which is why they keep investing in them.
- People get fired from businesses which why you only hear their side of the story and its always negative.
- I can also guarantee you without a doubt is Brock is a lover of women (so much that I fear that it keeps getting him into trouble).

From someone who knows all the facts. There is some agenda being played out here. What a better way to take one of Bitcoin's star advocates and link him to Paedophilia. This is FUD in the worst possible way.

As for Sunlot I suggest you guys read the FAQ before bashing it and make your own opinions and reach out to John if something isn't on there and get a real answer. Its your money after all.
http://www.savegox.com/?page_id=35

Yantis:  You make a lot of good points.  

From watching the video linked above, Brock seems to be very articulate about bitcoin and has a lot of experience with bitcoin projects and good and innovating ideas.  (http://www.youtube.com/watch?v=4pBd-OD9Rns)

Whether or NOT his participation in any savegox plan will be accepted by the Japanese court is still to be seen.  It seems a bit problematic that the Japanese court had already seemed to have decided to go forth with liquidation;  Accordingly, Brock and various other proposals have to convince the court to reverse itself and that some kind of rehabilitation of GOX would be the better path.

Personally, I believe that a lot of very good ideas are presented in the SaveGox FAQ, and there seems to be quite  a bit of transparency in the questions that are answered in the FAQ.  Certainly, it would NOT be good if genuine attempts to reimburse GOX account holders was NOT made, and the rehabilitation were merely a form of vulture capitalism.... or even a considerable problem if the GOX rehabilitation were to turn out to be a government ploy.

NONETHELESS, some kind of GOX rehabilitation seems better than liquidation, and hopefully the japanese court is seriously considering the various proposals and will arrive at a solution that is best for the GOX coin holders rather than merely protecting Gox business owners, such as Karpeles.

Who knows whether any GOX rehabilitation plan would ultimately resolve the various issues regarding the lost (or stolen) coins, but it may be worth several million to adequately investigate the matter.  So far in spite of so much passage of time, there remains a lot of unanswered questions and purported facts that just do NOT seem to add up to anything other than some kind of insider running away with the coins (that is if more of the BTC do NOT show up).  








 

[Aquent]

Phinnaeus Gage

Can we get a summary please of what exactly you are alleging. It's a lot to go through.

Thanks

[JayJuanGee]

Phinnaeus Gage

Can we get a summary please of what exactly you are alleging. It's a lot to go through.

Thanks

When there are so many character attacks, and a lack of a clear and substantive outline and/or argument, one surely must wonder whether there is any validity to the claims or if it is merely spreading FUD. 

Seems like the very articulate proponents of bitcoins are frequently being attacked based on allegations that may be stretches of the truth or expecting some kind of inferences to be made about facts that do NOT exist.

[Bit_Happy]

Phinnaeus Gage

Can we get a summary please of what exactly you are alleging. It's a lot to go through.

Thanks

When there are so many character attacks, and a lack of a clear and substantive outline and/or argument, one surely must wonder whether there is any validity to the claims...

Here is a clear and substantive outline:
yantis' (interesting and effective) re-post in this thread is (partly) a direct response to this list.

I think it would be pretty irresponsible to not do a thorough background check on each prospective member.

A thorough background check
I did some checking and there is little (if any) doubt that Brock Pierce:

1) Repeatedly starts (and helps to start) companies that lose many millions of investor funds.
2) Allegedly cheated a partner for a huge sum in a stock deal.
3a) Left the country when he knew some "wild parties" had gone way too far.
3b) Was sued for child rape by more than one (alleged) victim.

I think the above is reasonably accurate, the sources are (relatively) easy to find on google and in current threads here.

To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin.
If the world is ready to completely forgive "thieves and (alleged) pedos", then he's the perfect man to help lead BTC into the future.


<end of original post>

I would add that the concept of "innocent until proven guilty" applies to court cases.
My interest in this story spiked when I read Brock left the country with his "sex crime" partners.
I viewed "fleeing" the country as a strong sign of guilt.
If that is wrong, then I am very sorry.

[JayJuanGee]

Phinnaeus Gage

Can we get a summary please of what exactly you are alleging. It's a lot to go through.

Thanks

When there are so many character attacks, and a lack of a clear and substantive outline and/or argument, one surely must wonder whether there is any validity to the claims...

Here is a clear and substantive outline:
yantis' (interesting and effective) re-post in this thread is (partly) a direct response to this list.

I think it would be pretty irresponsible to not do a thorough background check on each prospective member.

A thorough background check
I did some checking and there is little (if any) doubt that Brock Pierce:

1) Repeatedly starts (and helps to start) companies that lose many millions of investor funds.
2) Allegedly cheated a partner for a huge sum in a stock deal.
3a) Left the country when he knew some "wild parties" had gone way too far.
3b) Was sued for child rape by more than one (alleged) victim.

I think the above is reasonably accurate, the sources are (relatively) easy to find on google and in current threads here.

To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin.
If the world is ready to completely forgive "thieves and (alleged) pedos", then he's the perfect man to help lead BTC into the future.


<end of original post>

I would add that the concept of "innocent until proven guilty" applies to court cases.
My interest in this story spiked when I read Brock left the country with his "sex crime" partners.
I viewed "fleeing" the country as a strong sign of guilt.
If that is wrong, then I am very sorry.

If the guy is NOT worthy to be involved in a potential GOX rehabilitation, then the Japanese court should be presented with that information or if the plan to save GOX is NOT legitimate and genuine, then the Japanese court should be presented with that, as well, in order that those matters can be taken into account.  To me, it seems that some plan to rehabilitate GOX, whether it involves Brock, or some other rehabilitation plan, would likely be much better for GOX account holders and bitcoin as a whole, rather than liquidation, yet certainly, I have NOT seen all of the evidence presented to the bankrupcy court.

[JorgeStolfi]

To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin.

It seems that in Bitcoinland there is only one crime, "not being a fan of bitcoin".  Things that should send people to jail, in any country, are quite OK; badges of honor, even.

And, conversely, anyone who praises bitcoin is, ipso facto, a thoroughly good person; who can be trusted to take money or bitcoins from other bitcoiners, without contracts and outside the reach of the law, and shower them with unmeasurable riches.

Like Danny Brewster... 

[JorgeStolfi]

By the way, completely off topic: the standard safety exit for a con man who sets up a scam company is to sell it when the scam begins to unravel.  Then the scammer claims "I don't owe anything, the debts were made by the company and I now have nothing to do with it", while the new owners say "What debts? The sales contract did not mention any debts."

Some examples of this trick can be found in the Bitcoin Stealing Hall of Fame (the BitcoinRain/MercadoBitcoin being one in my country) and other bitcoin sinkholes not listed there, such as this one.  Another interesting example has been reported here

Sorry for the interruption, now back to the threads's topic.

[JayJuanGee]

To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin.

It seems that in Bitcoinland there is only one crime, "not being a fan of bitcoin".  Things that should send people to jail, in any country, are quite OK; badges of honor, even.

And, conversely, anyone who praises bitcoin is, ipso facto, a thoroughly good person; who can be trusted to take money or bitcoins from other bitcoiners, without contracts and outside the reach of the law, and shower them with unmeasurable riches.

Like Danny Brewster...  

Jorge:  You have a way of tainting and perverting nearly any idea with your anti-bitcoin everything is a scam in bitcoin sentiment.  

Surely, some people can be persuaded by a con job in any currency or investment scheme, whether bitcoin or other scams that exist in many different currencies.  

It is NOT always easy to know whether some bitcoin evangelist is being disingenuous, but we know that if someone is fairly articulate and successful in bitcoin sphere, there are going to be attacks on the person's credibility and also lawsuits to attempt to take some of their money. 

The track record and reputation of persons in the bitcoin sphere can help to demonstrate if any person has a propensity for engaging in fraudulent and/or exploitation-type activities.  If it is true that Brock or any of his past business activities or his associates have engaged in fraudulent activities, then that kind of information should be presented to the japanese court.  Additionally, if it is shown that Brock is a person of low moral character, then that may be relevant (in some ways) to the court, as well.  

If Brock merely likes to fuck young women (of a consenting age), then that may NOT be a big deal, but if he is using stolen money or if he is engaging in some kind of exploitation of non-consenting people or if they are below the age of consent, then those kinds of behaviors may be relevant for the court to consider whether to accept his plan for a GOX "rehabilitation" and to divert assets from what I thought was an already made decision to liquidate GOX assets.

[JorgeStolfi]

The track record and reputation of persons in the bitcoin sphere can help to demonstrate if any person has a propensity for engaging in fraudulent and/or exploitation-type activities.

The track record and reputation of a person are independent of the currency, no?  One cannot be a con artist with euros but honest with dollars, a criminal with rubles but a respectable businessman with pounds.  If a guy has had "serial bad luck" directing money-based companies, why should one expect better success with a bitcoin-based one?

[Phinnaeus Gage]

The track record and reputation of persons in the bitcoin sphere can help to demonstrate if any person has a propensity for engaging in fraudulent and/or exploitation-type activities.

The track record and reputation of a person are independent of the currency, no?  One cannot be a con artist with euros but honest with dollars, a criminal with rubles but a respectable businessman with pounds.  If a guy has had "serial bad luck" directing money-based companies, why should one expect better success with a bitcoin-based one?

Actually, a serial VC would have better luck funneling v-c or c-c, then as each entity falls to the wayside, they could tell the VC's investors "Oops! But, get a load of this new thingy. Comes complete with 100K+ eager beavers."

[JayJuanGee]

The track record and reputation of persons in the bitcoin sphere can help to demonstrate if any person has a propensity for engaging in fraudulent and/or exploitation-type activities.

The track record and reputation of a person are independent of the currency, no?  One cannot be a con artist with euros but honest with dollars, a criminal with rubles but a respectable businessman with pounds.  If a guy has had "serial bad luck" directing money-based companies, why should one expect better success with a bitcoin-based one?

I agree with you that a person can be a con artist no matter what is the currency or the venue or the venture, and there may be various signs that a person is a con artist or whether the person is being genuine in describing the terms of the deal.

I believe the point that I was suggesting in my earlier post is that Brock seems to be very articulate and knowledgeable about bitcoin with a lot of experiences that seem genuine and that he also seems to be concerned about the prosperity and building of the bitcoin eco-system.  Those are good values, especially in the bitcoin world, b/c the bitcoin ecosystem is struggling for expansion... it's the incoming disruptive competitor that is currently at a disadvantage b/c it does NOT have a historical stake or track record.. like the dollar or like pay pal or like mastercard or like western union. 

Brock does NOT strike me as someone who is just attempting to get rich at the expense of others or that he is being manipulative.

If we all embark on a joint venture, then we may be taking a risk without knowing the outcome.  Some kinds of business ventures put one investor in more risky positions than others.  Most Angel investors, whether by dollar, euro or bitcoin, will structure various deals in such a way that they win no matter what is the outcome.  Structuring a deal to win no matter what is what smart investors due and those investors who have the leveraging power to accomplish such.  Structuring deals to win no matter what does NOT mean that angel investor(s) are tricking anyone or that they are just attempting to siphon money out of the enterprise without adding value.

I am NOT defending unscrupulous or illegal or fraudulent behavior b/c that is a different situation.  I am NOT going to assume some venture is fraudulent  merely based on the fact that the deal is structured in a way that the venture capitalist does NOT risk as much as other participants.  We NEED more facts before we come to a conclusion that some fraud or deception is taking place in the save GOX situation, and likely the Japanese court is in a better position to assess the GOX  deal than we are.. if the court is willing and able to receive and review the positions of various stake holders, then it can come to an informed decision about the best way forward.  In that regard, the court may come to the wrong conclusion if they are NOT sympathetic to account holders, if they are overly sympathetic to Karpeles et al, if they either they are neutral regarding bitcoin or worse if they want to sabotage bitcoin.

[Bit_Happy]

...
I believe the point that I was suggesting in my earlier post is that Brock seems to be very articulate and knowledgeable about bitcoin with a lot of experiences that seem genuine and that he also seems to be concerned about the prosperity and building of the bitcoin eco-system....

Brock also has many years of acting experience and a very questionable past.
I agree he currently puts on a good show.
Somehow I sense this movement is being turned into "controlled opposition".

[Phinnaeus Gage]

...
I believe the point that I was suggesting in my earlier post is that Brock seems to be very articulate and knowledgeable about bitcoin with a lot of experiences that seem genuine and that he also seems to be concerned about the prosperity and building of the bitcoin eco-system....

Brock also has many years of acting experience and a very questionable past.
I agree he currently puts on a good show.
Somehow I sense this movement is being turned into "controlled opposition".

https://bitcointalk.org/index.php?topic=594826

A lot of work was put into the video I linked, and I'm sure that those behind it didn't do it because they felt like trolling. They were echoing the sentiment based on facts as they became available to the ever going audience at the time.

[JorgeStolfi]

Some things that should be obvious to anyone who has lived for a while in the real world:
* Once you find that someone told a flat out lie (such as "MtGOX is solvent and all your coins are safe"), you should not give ANY weight to absolutely ANYTHING he has said or will say, by voice or in writing. Ditto for any digital data that he may produce.
* Any digital document or database may have been altered or faked.  Yes, even cryptographically signed ones..
* An anonymous leak may have been leaked by ANYONE. Yes, even by that guy.  Or that other guy.
* When a huge pile of money disappears from inside a company, the first suspects are its top executives, then other staff, then outsiders, then the cat, then time-traveling lizards from an antimatter galaxy, and only lastly errors/bugs/accidents etc..
* Scammers ALWAYS sound and look honest, competent, reliable, etc.  If they didn't, they wouldn't be scammers.
* Someone who made a pile of money with a scam, and walked away free with it, is strongly motivated to do it again.
* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

[JayJuanGee]

Some things that should be obvious to anyone who has lived for a while in the real world:
* Once you find that someone told a flat out lie (such as "MtGOX is solvent and all your coins are safe"), you should not give ANY weight to absolutely ANYTHING he has said or will say, by voice or in writing. Ditto for any digital data that he may produce.
* Any digital document or database may have been altered or faked.  Yes, even cryptographically signed ones..
* An anonymous leak may have been leaked by ANYONE. Yes, even by that guy.  Or that other guy.
* When a huge pile of money disappears from inside a company, the first suspects are its top executives, then other staff, then outsiders, then the cat, then time-traveling lizards from an antimatter galaxy, and only lastly errors/bugs/accidents etc..
* Scammers ALWAYS sound and look honest, competent, reliable, etc.  If they didn't, they wouldn't be scammers.
* Someone who made a pile of money with a scam, and walked away free with it, is strongly motivated to do it again.
* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

Well, as I keep saying, the matter is in the hands of the Japanese court to weigh the various risks and likelihood of various outcomes.

As my current impression, I think that some form of rehabilitation of GOX would be better than liquidation, but if the rehabilitation proposals do NOT appear to be legit, then liquidation may be the better course of action.  I certainly do NOT have enough facts to make such a judgement, even though from what i read there are some pretty decent rehabilitation proposals out there that I believe have been proposed to the japanese court.. 

[JorgeStolfi]

* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

Just to clarify this last point:
* What a company promises or "explains" on a forum or on TV is totally irrelevant, only contracts and legally binding documents matter.
* If a contract leaves any point optional or unspecified, one should assume the alternative that will maximize the money pocketed by the management.
* In particular, a contract must be carefully examined for loopholes like "after subtracting expenses" or "as determined by a future audit" or "at the discretion of management" etc.
* The  contract is worthless if the company is constituted, located, or registered in such a way that the management cannot be prosecuted for violating it.

[Bitcoin_is_here_to_stay]

Some things that should be obvious to anyone who has lived for a while in the real world:
* Once you find that someone told a flat out lie (such as "MtGOX is solvent and all your coins are safe"), you should not give ANY weight to absolutely ANYTHING he has said or will say, by voice or in writing. Ditto for any digital data that he may produce.
* Any digital document or database may have been altered or faked.  Yes, even cryptographically signed ones..
* An anonymous leak may have been leaked by ANYONE. Yes, even by that guy.  Or that other guy.
* When a huge pile of money disappears from inside a company, the first suspects are its top executives, then other staff, then outsiders, then the cat, then time-traveling lizards from an antimatter galaxy, and only lastly errors/bugs/accidents etc..
* Scammers ALWAYS sound and look honest, competent, reliable, etc.  If they didn't, they wouldn't be scammers.
* Someone who made a pile of money with a scam, and walked away free with it, is strongly motivated to do it again.
* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

Well, as I keep saying, the matter is in the hands of the Japanese court to weigh the various risks and likelihood of various outcomes.

As my current impression, I think that some form of rehabilitation of GOX would be better than liquidation, but if the rehabilitation proposals do NOT appear to be legit, then liquidation may be the better course of action.  I certainly do NOT have enough facts to make such a judgement, even though from what i read there are some pretty decent rehabilitation proposals out there that I believe have been proposed to the japanese court.. 

I could not find anywhere the details of the proposal - but how can they recover 650,000 BTC lost?

[Phinnaeus Gage]

Some things that should be obvious to anyone who has lived for a while in the real world:
* Once you find that someone told a flat out lie (such as "MtGOX is solvent and all your coins are safe"), you should not give ANY weight to absolutely ANYTHING he has said or will say, by voice or in writing. Ditto for any digital data that he may produce.
* Any digital document or database may have been altered or faked.  Yes, even cryptographically signed ones..
* An anonymous leak may have been leaked by ANYONE. Yes, even by that guy.  Or that other guy.
* When a huge pile of money disappears from inside a company, the first suspects are its top executives, then other staff, then outsiders, then the cat, then time-traveling lizards from an antimatter galaxy, and only lastly errors/bugs/accidents etc..
* Scammers ALWAYS sound and look honest, competent, reliable, etc.  If they didn't, they wouldn't be scammers.
* Someone who made a pile of money with a scam, and walked away free with it, is strongly motivated to do it again.
* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

Well, as I keep saying, the matter is in the hands of the Japanese court to weigh the various risks and likelihood of various outcomes.

As my current impression, I think that some form of rehabilitation of GOX would be better than liquidation, but if the rehabilitation proposals do NOT appear to be legit, then liquidation may be the better course of action.  I certainly do NOT have enough facts to make such a judgement, even though from what i read there are some pretty decent rehabilitation proposals out there that I believe have been proposed to the japanese court.. 

I could not find anywhere the details of the proposal - but how can they recover 650,000 BTC lost?

Simple. They can't! Especially if the reported amount of BTC on Mt Gox wasn't there in the first place. For instance, with my real 1,132 BTC claim on InstaWallet aside, I could claim to the insurance company that I had $1M USD worth of other people's barn wood stored in that barn that burned down. BTW, while I'm waiting for the insurance company to pay me, I'm in negotiations to sell the ashes - pennies on the dollar - to some pedophile investors out to make a quick buck on my lost. During the same time, I'll champion one lucky dude to fill an empty board seat on The Barn Wood Foundation.

[DrApricot]

Bitcoin_is_here_ sez

I could not find anywhere the details of the proposal - but how can they recover 650,000 BTC lost?

Phinnaeus Gage sez

Simple. They can't! Especially if the reported amount of BTC on Mt Gox wasn't there in the first place.

According to Google, the meanings for "lost" are
* unable to find one's way; not knowing one's whereabouts
* denoting something that has been taken away or cannot be recovered.
but, the meaning of "disappeared" is either
* cease to be visible
* cause to disappear, as by consumption
While I realize there is a fine line of distinction between these two words, it makes a world of difference so far as the disposition of the vanished bitcoins. The former implies a hopeless condition beyond one's control, whereas the latter connotes volition, and that the bitcoins may have been made to go away, and could just as easily be returned.

The popular belief has been that the bitcoins were stolen by hackers through a transaction malleability bug in Mt. Gox's software. This contention has been more or less thoroughly debunked <http://techcrunch.com/2014/03/27/experts-found-that-mt-gox-lost-a-mere-386-bitcoin-due-to-transaction-malleability/>, despite claims to the contrary in the supposedly-leaked Mt. Gox Crisis Strategy Draft <http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft>.

There is also $27 million in bank deposits missing which could not be on account of any software bug. If you heard on the evening news that the local bank had been robbed of that much money, the authorities would be all over it. Research by the Swiss investigative firm, CCI AG, supports the notion that Mt. Gox's banks have been implicated in manipulating information about this cash <http://www.mtgoxinvestigation.com/updates.html#/blog/2014/03/25/banks-knowledge-regarding-mt-gox/>.

It makes sense that the Japanese banking regulators such as the Financial Services Agency <http://www.fsa.go.jp/en/faq/index.html> must be looking into the activities of Mt. Gox's bank, Mizuho Bank Ltd., second largest Japanese bank. Someone in that organization probably knows exactly what happened to the "disappeared" $27 million.

When the Japanese regulators and financial authorities deal with the disappearance of cash from Mt. Gox in an affirmative way, it will go a long ways towards reassuring investors that Japan welcomes direct foreign investment, and that it is more than willing to meet and exceed foreign investor's expectations for safety and transparency. Helping to undisappear the the 650K still-missing BTC would turn them into heroes to investors around the globe.

[b!z]

Gox can't be saved.

[JayJuanGee]

Some things that should be obvious to anyone who has lived for a while in the real world:
* Once you find that someone told a flat out lie (such as "MtGOX is solvent and all your coins are safe"), you should not give ANY weight to absolutely ANYTHING he has said or will say, by voice or in writing. Ditto for any digital data that he may produce.
* Any digital document or database may have been altered or faked.  Yes, even cryptographically signed ones..
* An anonymous leak may have been leaked by ANYONE. Yes, even by that guy.  Or that other guy.
* When a huge pile of money disappears from inside a company, the first suspects are its top executives, then other staff, then outsiders, then the cat, then time-traveling lizards from an antimatter galaxy, and only lastly errors/bugs/accidents etc..
* Scammers ALWAYS sound and look honest, competent, reliable, etc.  If they didn't, they wouldn't be scammers.
* Someone who made a pile of money with a scam, and walked away free with it, is strongly motivated to do it again.
* If someone can pocket a large pile of money without any risk of concrete punishment, he most surely will.

Well, as I keep saying, the matter is in the hands of the Japanese court to weigh the various risks and likelihood of various outcomes.

As my current impression, I think that some form of rehabilitation of GOX would be better than liquidation, but if the rehabilitation proposals do NOT appear to be legit, then liquidation may be the better course of action.  I certainly do NOT have enough facts to make such a judgement, even though from what i read there are some pretty decent rehabilitation proposals out there that I believe have been proposed to the japanese court.. 

I could not find anywhere the details of the proposal - but how can they recover 650,000 BTC lost?

My understanding of the GOX rehabilitation plan is that about $10 million would be spent to conduct an investigation presumably to figure out what happened to various GOX assets and to recover any GOX assets, if such assets, such as BTC, are recoverable.  I presume the same would apply to fiat that may have disappeared and other assets or if it appears that some of these assets are in the hands of previous owners.  I agree that the details remain a bit murky.

There have been a few criticisms of such a proposed investigation into Gox:

1) Such an investigation should NOT cost $10 million
- actually, it may be true that such an investigation could be accomplished for less than $10 million, but if a serious investigation without limitations were to take place (which I highly doubt), such an investigation could well be worth $10 million to be carried out properly.


2)  Such GOX investigation may NOT be carried out genuinely b/c either the agreement (court order) may preclude a full investigation by placing limitations on such investigation or the incoming Gox saviors may be coming in with bad intentions.

- it seems very possible that the court may agree to enter into a limited agreement that would set parameters and limitation on the investigation or preclude investigating into certain company heads, such as Karpeles, yet I am NOT sure if there are real meaningful and/or tangible alternatives.  For example, I am NOT sure if the court has the power to hold Karpeles in a cell (to my knowledge, he has NOT been charged with any crime) until he cooperates or if there would be a way to get someone else, who was also high up in Gox to show where the bodies are buried.  I doubt the liquidation process will require or even allow for any meaningful investigation.  It may be practically difficult to get Karpeles or other higher ups in GOX to agree to some meaningful investigation - whether they need to agree seems to be a product of Japanese law, which seems quite deferential to corporate leaders

- I am NOT sure how to decipher bad intents of those coming in to save GOX, but the court should have some powers to set parameters and possibly even to retain some supervisory power over this transition.  Whether they exercise such powers seems doubtful b/c it would seem that the court may just want to figure out one way or another to quickly dispose of the matter (whether by liquidation or by rehab).  Seems that the court would NOT want to continue to be involved, if possible. 


Any thorough and comprehensive investigation should be able to trace a lot more specifics about what happened to the 650K BTC and should be able to inform about whether those BTC are recoverable or NOT.   I really doubt that a thorough and comprehensive investigation is going to take place.   Yet, I believe that the intention of the Save GOX plan is that in the worst case scenario that NONE of the 650K BTC are recoverable, then those 650K BTC would be earned back through the operation of the exchange in the next 10-20 years.

Surely, there are quite a few puzzles, including the fact that it is NOT clear about whether investors are going to be paid back in fiat or BTC ... which causes additional disputes regarding the pay back, if any, could be prolonged over several years.

In spite of these many uncertainties in the direction of the Rehab, if it were to occur, it seems to me that rehab (as opposed to liquidation) would be a much better course of action for the customers of GOX and for bitcoin as a whole.

[JorgeStolfi]

In spite of these many uncertainties in the direction of the Rehab, if it were to occur, it seems to me that rehab (as opposed to liquidation) would be a much better course of action for the customers of GOX and for bitcoin as a whole.

If the MtGOX thief/embezzler gets out in the end free and gets to keep the half a billion dollars he stole from MtGOX customers, and does so with full support of those customers, then perhaps those TV analysts will be proven right in the end: bitcoin owners may wish to pay to get rid of that cryptographic dunce-cap.

Simplifying all the positive and negative terms, and skipping the intermediate steps, the net result of the MtGOX-Sunlot affair will be: MtGOX customers lose 80-100% of their money, and in return drop all charges against Mark and Gonzague.

[subSTRATA]

Gox can't be saved.

When it comes to MtGox, what worries me a bit is http://www.biblegateway.com/passage/?search=Revelation+13&version=NIV coupled with Winklevos index
at http://winkdex.com/#/ notice those 7 heads (exchanges) with a blasphemous name (USD, what USD really means well do a research for yourself) and then
notice "One of the heads of the beast seemed to have had a fatal wound, but the fatal wound had been healed. The whole world was filled with wonder and
followed the beast" and the rest of the revelation. Then add mandatory hand scan with Bitcoin ATMs and few other already fulfilled prophecies ... not good!

Dragon is USA, in case you wonder. So if you see USA "gave the beast his power and his throne and great authority" and MtGox "healed", well, run for hills!  

[JayJuanGee]

In spite of these many uncertainties in the direction of the Rehab, if it were to occur, it seems to me that rehab (as opposed to liquidation) would be a much better course of action for the customers of GOX and for bitcoin as a whole.

If the MtGOX thief/embezzler gets out in the end free and gets to keep the half a billion dollars he stole from MtGOX customers, and does so with full support of those customers, then perhaps those TV analysts will be proven right in the end: bitcoin owners may wish to pay to get rid of that cryptographic dunce-cap.

Simplifying all the positive and negative terms, and skipping the intermediate steps, the net result of the MtGOX-Sunlot affair will be: MtGOX customers lose 80-100% of their money, and in return drop all charges against Mark and Gonzague.

Certainly, I am NOT saying the same thing that you are saying. 

If our choices are between liquidation and rehab, then it appears to me that on the surface rehab is better as a whole.  Of course, I do NOT know the details or the extent to which Karpeles or Gonzague would be immunized from liability in a rehab scenario.    However, it does appear that the Japanese system is fairly deferential to corporate leaders - accordingly, it remains quite unclear how extensive or remedial any liquidation plan would be.

The court had already decided to liquidate, so currently, the procedural posture of the case seems to be getting the court to reconsider its decision to liquidate and to accept one of the rehab plans - and maybe the savegox plan is the best one that is currently on the table.

It is one thing to start out with a blank slate and to be able to do whatever you want, but it may be another thing to consider matters in the realities of the possibilities about what it is being proposed and what is being presented in the court system.

NO matter what the outcome, there will be ways to criticize it, of course.

[JorgeStolfi]

I do NOT know the details or the extent to which Karpeles or Gonzague would be immunized from liability in a rehab scenario.

We know about Gonzague, the Sunlot PR guy said it explicitly:

https://bitcointalk.org/index.php?topic=587295.msg6511936#msg6511936

I do not know about Mark.  Ostensibly, AFAIK, it would depend on the results of that investigation. I asked the PR guy about it, but he did not answer.  In fact it seems that he stopped posting on that thread at about that time (a thread that he himself created for that purpose).

However, it does appear that the Japanese system is fairly deferential to corporate leaders - accordingly, it remains quite unclear how extensive or remedial any liquidation plan would be.

Maybe, but AFAIK in Japan, as in any coutry, the owners of a failed company have the lowest priority for asset distribution.  They only get what is left after all the other creditors (including employees, and, hopefully depositors) have been fully paid.  In this case, since assets < debts, that is nothing.

[jasinlee]

I think I need to take a silkwood shower.

[SoapMaker]

WOW Mark Rectum is perfect for the bitcoin foundation.
He would fit Right In There.
Nice n tight with the rest of those phony fkn assholes. Disband that scammy bunch already.
They have even listed Satoshi as a founder. Scammy, unethical bastards.
thanks.

[Phinnaeus Gage]

I think I need to take a silkwood shower.

An ex-girlfriend and a songwriter friend of mine, whose daughter is a Bitcoiner, are in a dance scene together in that movie, of which was filmed in Nashville.

Note to self: Dig up that pic of her, I and Chuck Seals taken at one of the shows I hosted. Chuck showed up with an RV full of 13 guys from California, all of which were over 21-years-old. Chuck was Dan's uncle, and he had one major hit under his belt, of which was sung by Patsy Cline's during her last recorded session: https://www.youtube.com/watch?v=7fklJZDtEM4

[JayJuanGee]

I do NOT know the details or the extent to which Karpeles or Gonzague would be immunized from liability in a rehab scenario.

We know about Gonzague, the Sunlot PR guy said it explicitly:

https://bitcointalk.org/index.php?topic=587295.msg6511936#msg6511936

I do not know about Mark.  Ostensibly, AFAIK, it would depend on the results of that investigation. I asked the PR guy about it, but he did not answer.  In fact it seems that he stopped posting on that thread at about that time (a thread that he himself created for that purpose).

Maybe Savegox needs a better spokesperson? 

Savegox may be seeking to relieve certain folks from liability including Gonzague and Mccaleb; however, the power to decide to relieve some persons from liability is NOT merely with Savegox.  Various customers would need to choose to agree to such a waiver, and the court would need to be willing to go along with such waivers.  Additionally, waivers from civil liability would NOT necessarily relieve these guys from criminal liability - however, I doubt that any government authority would necessarily pursue criminal liability, if there were some meaningful global settlement agreement that effectively outlines a transition of GOX and a meaningful path forward for GOX.


A practical matter sometimes is to seek the cooperation of some persons within in order to gather evidence and to hold the most culpable persons responsible.  I am NOT sure about the practicality of this.. but if the hunch is that Mark took the coins, then it may be best to get the cooperation of the lower two guys.  On the other hand, if all three were running off with coins, then relieving 2 out of 3 might NOT be the fair and just approach.

However, it does appear that the Japanese system is fairly deferential to corporate leaders - accordingly, it remains quite unclear how extensive or remedial any liquidation plan would be.

Maybe, but AFAIK in Japan, as in any coutry, the owners of a failed company have the lowest priority for asset distribution.  They only get what is left after all the other creditors (including employees, and, hopefully depositors) have been fully paid.  In this case, since assets < debts, that is nothing.

If truly some investigation were to take place and more coins could be found or the personal assets of Karpeles or some of the other top folks could be taken, then maybe liquidation could go farther in the furtherance of substantive justice.  I doubt that would be the case, but maybe I am NOT knowledgeable enough  to realize that there could be some serious pursuit and tracing of the purported "lost" coins under a liquidation scenario.

[edmundedgar]

Maybe, but AFAIK in Japan, as in any coutry, the owners of a failed company have the lowest priority for asset distribution.  They only get what is left after all the other creditors (including employees, and, hopefully depositors) have been fully paid.  In this case, since assets < debts, that is nothing.

Yup, that's how liquidation works in Japan. Obviously if it was possible to avoid liquidation that would be a much better deal for Mark personally, who IIUC is owed huge amounts of Bitcoins by Gox the company, and outside a liquidation the company wouldn't be able to write off what it owes him unless he agreed to let them.

[jasinlee]

I think I need to take a silkwood shower.

An ex-girlfriend and a songwriter friend of mine, whose daughter is a Bitcoiner, are in a dance scene together in that movie, of which was filmed in Nashville.

Note to self: Dig up that pic of her, I and Chuck Seals taken at one of the shows I hosted. Chuck showed up with an RV full of 13 guys from California, all of which were over 21-years-old. Chuck was Dan's uncle, and he had one major hit under his belt, of which was sung by Patsy Cline's during her last recorded session: https://www.youtube.com/watch?v=7fklJZDtEM4

After reading that its the only way to get that fresh feeling.

[eiskalt]

@Phinnaeus Gage

Thank you very much for the information about sunlot and Brock Pierce.

I remember the case Bruce Wagener and how mtgox (Mark Karpales) defended its affiliation with him, even when there was no doubt about his shady/criminal history.

Yet back then, bitcoiners did generally not tolerate, that a pedophile conartist promotes their beloved investment.

Today it seems to be different. A simple google search is required to reveal the shady history of Brock Pierce and yet this guy gets not only a lot of positive media attention, but also a director seat at the Bitcoin Foundation.


Someone kick these bitcoin-media-sunlot-cheerleaders please.

[jcpham]

wtf is this serious ?

Nah! I made it all up for my thesis on trolling. The professor said that the facts where pretty good, but the grammar and presentation sucked, so he gave me a D- for deffort. 

i found this humorous. hi Phinn! still gumshoeing on forums i see? good work!

[Phinnaeus Gage]

wtf is this serious ?

Nah! I made it all up for my thesis on trolling. The professor said that the facts where pretty good, but the grammar and presentation sucked, so he gave me a D- for deffort. 

i found this humorous. hi Phinn! still gumshoeing on forums i see? good work!

Damn straight, with case in point I did some more gumshoeing via Google and you won't believe what I discovered. I discovered what gumshoeing is. BTW, thanks, bud.

@Phinnaeus Gage

Thank you very much for the information about sunlot and Brock Pierce.

I remember the case Bruce Wagener and how mtgox (Mark Karpales) defended its affiliation with him, even when there was no doubt about his shady/criminal history.

Yet back then, bitcoiners did generally not tolerate, that a pedophile conartist promotes their beloved investment.

Today it seems to be different. A simple google search is required to reveal the shady history of Brock Pierce and yet this guy gets not only a lot of positive media attention, but also a director seat at the Bitcoin Foundation.


Someone kick these bitcoin-media-sunlot-cheerleaders please.

And, thank you, too, bud. (a five word sentence with three commas, that can't me right, thus Google it)

[eiskalt]

I am only wondering, why all the bitcoin-media is not covering the shady history of this Brock Pierce guy?

Good question. Who supports that media, e.g. Coindesk? Not small investors, I would think... Perhaps some people with large MtGOX balances?   

founder and owner of coindesk is Shakil Khan. He is invested in SecondMarket and BitPay. BitPay is a competitor to GoCoin (Brock Pierce). Although I do not think that there is real competition among the two, because Pierce´s investments seem to focus primarily on asia/china (KnC-miner, Robocoin).

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, Shakil Khan and Roger Ver. A lot of other "Angel-Investors" will also speak there. So these AIs maybe belong to the same network (more or less) and do not want to hurt each other too much, because it would negatively affect the group?

One thing is interesting though: Above each speaker´s name is a photograph, but the picture of Pierce is not a photograph.

[Phinnaeus Gage]

I am only wondering, why all the bitcoin-media is not covering the shady history of this Brock Pierce guy?

Good question. Who supports that media, e.g. Coindesk? Not small investors, I would think... Perhaps some people with large MtGOX balances?   

founder and owner of coindesk is Shakil Khan. He is invested in SecondMarket and BitPay. BitPay is a competitor to GoCoin (Brock Pierce). Although I do not think that there is real competition among the two, because Pierce´s investments seem to focus primarily on asia/china (KnC-miner, Robocoin).

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, Shakil Khan and Roger Ver. A lot of other "Angel-Investors" will also speak there. So these AIs maybe belong to the same network (more or less) and do not want to hurt each other too much, because it would negatively affect the group?

One thing is interesting though: Above each speaker´s name is a photograph, but the picture of Pierce is not a photograph.

There's a Michael Jackson and a Johnson pic. Perhaps, he felt he couldn't compete. Besides, he's the only one in the group that has his likeness on physical bills.

[eiskalt]

Something is brewing:

https://bitcoinfoundation.org/forum/index.php?/topic/951-post-your-bitcoin-foundation-resignations-here/

http://www.reddit.com/r/Bitcoin/comments/2589v1/bitcoin_foundation_resignation_over_brock_pierce_1/

(...) the fact that within 24 hours about 5% of only 140 or so members said goodbye to their membership. At LEAST that. (...)

[JorgeStolfi]

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, [ ... ]

I thought that "serial entrepreneur" was a mocking term, like "serial killer", "serial rapist", etc.  Funny to see him describe himself as such.

Danny Brewster of Neo&Bee was a serial entrepreneur too, it seems. 

[eiskalt]

reminds me of this one:



 

EDIT: Only difference: There have never been allegations against Sergei Mavrodi concerning child abuse.

EDIT2: And Mavrodi was not able to pay millions of $ to avoid a court case.

[JorgeStolfi]

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, Shakil Khan and Roger Ver. A lot of other "Angel-Investors" will also speak there. So these AIs maybe belong to the same network (more or less) and do not want to hurt each other too much, because it would negatively affect the group?

I was reading about Amir Taaki & friends and the Intersango gox in some other thread.  There they mentioned that Amir was organizing a London Summit.  Is it this one?

[Phinnaeus Gage]

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, [ ... ]

I thought that "serial entrepreneur" was a mocking term, like "serial killer", "serial rapist", etc.  Funny to see him describe himself as such.

Danny Brewster of Neo&Bee was a serial entrepreneur too, it seems. 

http://www.businessdictionary.com/definition/serial-entrepreneur.html

An entrepreneur who continuously comes up with new ideas and starts new businesses. As opposed to a typical entrepreneur, who will often come up with an idea, start the company, and then see it through and play an important role in the day to day functioning of the new company, a serial entrepreneur will often come up with the idea and get things started, but then give responsibility to someone else and move on to a new idea and a new venture. This can be a good thing if the individual has lots of unique ideas and is the best one suited to get each one started, but can be a bad thing if the individual stops putting time into a company that needs his or her help, in order to try to move forward with a new idea that may or may not succeed.

Obviously, the above doesn't relate to Brock Pierce or Danny Brewster. What was your question again?

[JorgeStolfi]

Obviously, the above doesn't relate to Brock Pierce or Danny Brewster. What was your question again?

No further questions, Your Honor.  

[T.Stuart]

I found this site: http://www.coinsumm.it/

What's with the dates - is this thing in July or did it already happen in March?

Anyone?

EDIT: Got it now - the site has two events mixed up. Please don't worry about my question any more.

[jasinlee]

Reddit is blowing up.

[T.Stuart]

To sign up for the Coinsummit you can register yourself as:


- Pre-series A Entrepreneur

- Post-series A Entrepreneur

- Angel Investor

- VC or PE professional

- Service Provider (e.g. Lawyer, Banker, Headhunter)

- Hedge Fund professional

- Corporate


...or "other".


Couldn't they have at least allowed me to save face by putting myself down as "Joe Bloggs" ?   

[eiskalt]

I found this site: http://www.coinsumm.it/

Among the speakers are Brock Pierce, Shakil Khan and Roger Ver. A lot of other "Angel-Investors" will also speak there. So these AIs maybe belong to the same network (more or less) and do not want to hurt each other too much, because it would negatively affect the group?

I was reading about Amir Taaki & friends and the Intersango gox in some other thread.  There they mentioned that Amir was organizing a London Summit.  Is it this one?

I don´t know about Taaki´s involvement. (I mean inwolfment  ).

[russokai]

I don't have time to read all this, but is this another "pedophile" who likes young men?  Or young women?   

Before long pedophiles will be doing senior citizens, I guess.   

[Phinnaeus Gage]

I don't have time to read all this, but is this another "pedophile" who likes young men?  Or young women?   

Before long pedophiles will be doing senior citizens, I guess.   

Perhaps, not the exact right word, must I believe most know it as man-on-boy.

[Phinnaeus Gage]

More info to further expand upon the OP.



https://www.facebook.com/mkaliski/info?collection_token=690455386%3A2327158227%3A8



https://www.facebook.com/photo.php?fbid=161182737408394&set=a.113246952201973.1073741831.100005500064568&type=1&theater



https://www.facebook.com/brock.rector

[buffalodoge]

Great work, Phinnaeus. I took what you discovered and did some Facebook digging of my own. Enjoy 

http://pastebin.com/7yJB6nmt

Just in case people don't click, here's some fresh info on the Buffalo Club members:

Kevin Colins is Chad Shackley...lol

"Ken Rutkowsky" = Ken Rutkowski, host of Business Rockstars on CBS Radio, mainstay in Santa Monica tech startup scene

He had Michael Kaliski (pictured in the above post) on his show a couple years ago. He's had Brock Pierce on three times, and they've hosted business events together. They're all just the bestest of buds! Ken hangs out with William Quigley as well.

I'm also 99% sure I found a picture of ol' Ken hugging Gary Goddard, a.k.a. co-defendant in the Bryan Singer sex lawsuits.

When Marcy Marc said "reality...jajaja" I don't think he had all this in mind!


**FREE BUFFALO J.A.!**

[Phinnaeus Gage]

Great work, Phinnaeus. I took what you discovered and did some Facebook digging of my own. Enjoy 

http://pastebin.com/7yJB6nmt

Just in case people don't click, here's some fresh info on the Buffalo Club members:

Kevin Colins is Chad Shackley...lol

"Ken Rutkowsky" = Ken Rutkowski, host of Business Rockstars on CBS Radio, mainstay in Santa Monica tech startup scene

He had Michael Kaliski (pictured in the above post) on his show a couple years ago. He's had Brock Pierce on three times, and they've hosted business events together. They're all just the bestest of buds! Ken hangs out with William Quigley as well.

I'm also 99% sure I found a picture of ol' Ken hugging Gary Goddard, a.k.a. co-defendant in the Bryan Singer sex lawsuits.

When Marcy Marc said "reality...jajaja" I don't think he had all this in mind!


**FREE BUFFALO J.A.!**

Thanks for expanding upon what I already pen, bud. BTW, noticed all the posts between the one I quoted and this one? Fuckin' amazing!

[JorgeStolfi]

BTW, noticed all the posts between the one I quoted and this one? Fuckin' amazing!

Well, I don't know about other readers, but I am feeling a bit dizzy and quite nauseated. Yeech.

[Phinnaeus Gage]

BTW, noticed all the posts between the one I quoted and this one? Fuckin' amazing!

Well, I don't know about other readers, but I am feeling a bit dizzy and quite nauseated. Yeech.

You think you're feeling nauseated now, just wait till I finish re-penning my next epic thread that'll explain the following image:

[thejewelrytech]

Phinnaeus while you're highly entertaining I'm afraid you're looking at facebook bots.

Damn, these Facebook Bots are almost human:

https://www.facebook.com/brockpierce



https://www.facebook.com/brock.rector

It should be no surprise Brock is linked to pedophilia coming from Walt Disney where they groom young stars to become sex slaves and Satanists just look at almost every Disney star? They are all FUCKED UP mentally and Spiritually from lindsey lohan to Miley cyrus too britney spears the list goes on and on......and with this posts it confirms he is definitely a Satanist and pedophilia is right up there alley ;)And where did he learn this behavior and meet these people?.He was obviously indoctrinated into THE FREEMASON Satanic WORLD and through Disney introduced to higher ups that lead to BOHEMIAN GROVE and underground Pedophilia rings.Disney is a satanic organization and has been drowning kids with subliminal messages of pedophilia for Decades!!here's just a small example of outtakes with hidden subliminal messages from there movies......... https://www.youtube.com/watch?v=73fCLx-mFLg. These types of pedophile rings run all the way to the Top of the White House!These types of actions have long been exposed! I urge people to look up about THE CONSPIRACY OF SILENCE a Documentary about how The White House was exposed for having little boy Sex Rings just like Brock.......and how they Silenced it and kept it from public.......... the same people I'm sure that helped Brock get away with what he did and silenced his actions https://www.indybay.org/newsitems/2003/03/04/15796131.php

A True Story About Sex, Child Abuse, Murder and Drugs, Covered up By Authorities

“Conspiracy of Silence”, a documentary listed for viewing in TV Guide Magazine was to be aired on the Discovery Channel, on May 3, 1994. This documentary exposed a network of religious leaders and Washington politicians who flew children to Washington D.C. for sex orgies. Many children suffered the indignity of wearing nothing but their underwear and a number displayed on a piece of cardboard hanging from their necks when being auctioned off to foreigners in Las Vegas, Nevada and Toronto, Canada. At the last minute before airing, unknown congressmen threatened the TV Cable industry with restrictive legislation if this documentary was aired. Almost immediately, the rights to the documentary were purchased by unknown persons who had ordered all copies destroyed. A copy of this videotape was furnished anonymously to former Nebraska state senator and attorney John De Camp who made it available to retired F.B.I. chief, Ted L. Gunderson

By being in the "INNER CIRCLE" Brock has connections that stem all the way from corporate big wigs.......Hollywood Stars  government officials all pedophiles with lots of money and influence in the White House and these Satanists and pedophiles will always look out for each other and cover each others tracks like they have done so many times.So it should be no surprise....... how else do you think these charges never stuck?If it was joe schmoe from Idaho they would be most likely locked up and not able to pay for silence..................

[JorgeStolfi]

[ ... far fetched inferences ... ]

Slow there... I am sure that even half of the truth will be stranger and scarier than a triple dose of fiction.

EDIT: is that Elvish script at the top and bottom of the seal?  Could there be a connection to Mordor too? 

[thejewelrytech]

[ ... far fetched inferences ... ]

Slow there... I am sure that even half of the truth will be stranger and scarier than a triple dose of fiction.

EDIT: is that Elvish script at the top and bottom of the seal?  Could there be a connection to Mordor too?  

What exactly are you adding to this conversation except that you don't know anything or just trying to derail it? Your IGNORANCe in not KNOWING is actually quite irrelevant It doesn't matter if you believe in what it is or not.......That doesn't change the fact that this is what Brock believes in and with a persons beliefs it comes quite clear where there morals stand and what kind of person they really are!
 To the average dimwhit who knows nothing about nothing!It might appear Elvish? but to someone like me ?who is advance in the craft of a level of a Master Mason and Knows what it means? it is clear as day But don't feel bad for not knowing?There is probably only less then a few thousand maybe hundred people on Earth that could possibly really know it's meaning ;)So let me tell you what it says being one of the few.......... It is a mockery of the true pentagram of God the Tetragrammaton. Which is this picture and what the symbol is suppose to be

 The writings on his pentagram are the names of Demons in the Lower Hells when it's suppose to be the names of the Angels of Heaven being a Satanist they are doing the opposite for blasphemy purposes.This is a very high level use of pentagram and magick not something some wanna bee would find off the internet and use you would either have to be a Freemason or in  a very high level Satanist........ and judging by the trip to Egypt I would say Mason.So to anybody with any real knowledge it is quite clear that he is one fucked up Satanic individual with no Morals at all! and not to be trusted and believed and obvious the pedophilia charges are very TRUE!! a picture can speak a THOUSAND WORDS..........

[JorgeStolfi]

What exactly are you adding to this conversation except that you don't know anything or just trying to derail it? Your IGNORANCe in not KNOWING is actually quite irrelevant

I cower in fear. 

It doesn't matter if you believe in what it is or not.......That doesn't change the fact that this is what Brock believes in and with a persons beliefs it comes quite clear where there morals stand and what kind of person they really are!

That is true... and they also may reveal the person's depth...

To the average dimwhit who knows nothing about nothing!It might appear Elvish? but to someone like me ?who is advance in the craft of a level of a Master Mason and Knows what it means? it is clear as day

Gee thanks...   

(Speaking of "reality funnier than fiction", are you acquaninted with the doings of John Dee and Edward Kelley?  If not, I may try to find some links among my old files...)

[Bit_Happy]

[ ... far fetched inferences ... ]

Slow there... I am sure that even half of the truth will be stranger and scarier than a triple dose of fiction.

EDIT: is that Elvish script at the top and bottom of the seal?  Could there be a connection to Mordor too?  

What exactly are you adding to this conversation except that you don't know anything or just trying to derail it? Your IGNORANCe in not KNOWING is actually quite irrelevant It doesn't matter if you believe in what it is or not.......That doesn't change the fact that this is what Brock believes in and with a persons beliefs it comes quite clear where there morals stand and what kind of person they really are!
 To the average dimwhit who knows nothing about nothing!It might appear Elvish? but to someone like me ?who is advance in the craft of a level of a Master Mason and Knows what it means? it is clear as day But don't feel bad for not knowing?There is probably only less then a few thousand maybe hundred people on Earth that could possibly really know it's meaning ;)So let me tell you what it says being one of the few.......... It is a mockery of the true pentagram of God the Tetragrammaton. Which is this picture and what the symbol is suppose to be

 The writings on his pentagram are the names of Demons in the Lower Hells when it's suppose to be the names of the Angels of Heaven being a Satanist they are doing the opposite for blasphemy purposes.This is a very high level use of pentagram and magick not something some wanna bee would find off the internet and use you would either have to be a Freemason or in  a very high level Satanist........ and judging by the trip to Egypt I would say Mason.So to anybody with any real knowledge it is quite clear that he is one fucked up Satanic individual with no Morals at all! and not to be trusted and believed and obvious the pedophilia charges are very TRUE!! a picture can speak a THOUSAND WORDS..........

IMO "Brock Rector" is a painfully obvious FAKE Facebook name/fake account and thus has no place in a worthwhile conversation.
Why is anyone taking this part of the story seriously?

[DrApricot]

a picture can speak a THOUSAND WORDS..........

IMO "Brock Rector" is a painfully obvious FAKE Facebook name/fake account and thus has no place in a worthwhile conversation.
Why is anyone taking this part of the story seriously?

Purposeful distraction to get people talking about inane absurdities instead of properly vetting the terms of this deal, and how it will affect Mt. Gox depositors' interests?

[thejewelrytech]

a picture can speak a THOUSAND WORDS..........

IMO "Brock Rector" is a painfully obvious FAKE Facebook name/fake account and thus has no place in a worthwhile conversation.
Why is anyone taking this part of the story seriously?

Purposeful distraction to get people talking about inane absurdities instead of properly vetting the terms of this deal, and how it will affect Mt. Gox depositors' interests?

No actually some of us care more about the direction of Bitcoin and the future it's heading and actually give a shit and aren't just thinking about themselves but EVERYBODY   and know Brock is BAD NEWs for Bitcoin and see the BIG PICTURE and not blinded by GREED! I have no vested interest in Gox or any exchange for that matter personally I think they are all pretty much scams just waiting to happen but that's another topic........and I don't care to ever make a dollar off of Bitcoin I never have nor never will........ I could careless about money money doesn't control me and enslave me like some.
 But  I do care for having this scums name associated with Bitcoin and how he and the foundation are destroying Bitcoin  and doing nothing to help it...... I fully support Bitcoin and the protocol as a Miner and actually do something for Bitcoin and shill for no man or entity! and how exactly do you support Bitcoin ?obviously all you ever cared about is making a dollar and just thinking about yourself not Bitcoin and everybody as a whole and the backlash Brock will cause.......  I would never be stupid enough to  Sell for a worthless dollar and try to keep Bitcoin down But I get it you lost your money and Bitcoins and want them back But that same Greed that got you Goxed trying to make Money is blinding you on getting your money back
Nobody is going to be getting anything back that's a pipe dream hate to tell you unless you had hundreds of bitcoins and can afford the lawyer fees? if that's the case then you were a PUMPER and DUMPER and got exactly what you deserved because true supporters of Bitcoin have their own wallets and never have to use an exchange and put themselves in that position But hey you might be lucky to get 1 back out of the hundred after the lawyers are paid if that? and that's more important then the FUTURE OF BITCOIN As a WHOLE

[DrApricot]

a picture can speak a THOUSAND WORDS..........

IMO "Brock Rector" is a painfully obvious FAKE Facebook name/fake account and thus has no place in a worthwhile conversation.
Why is anyone taking this part of the story seriously?

Purposeful distraction to get people talking about inane absurdities instead of properly vetting the terms of this deal, and how it will affect Mt. Gox depositors' interests?

I have no vested interest in Gox or any exchange for that matter personally I think they are all pretty much scams just waiting to happen but that's another topic........and I don't care to ever make a dollar off of Bitcoin I never have nor never will........ I could careless about money money doesn't control me and enslave me like some.

You are a good man, jewelrytech, and I admire your words. I'll admit, I would like to see some financial gain. I bought some gox/btc on bitcoinbuilder.com back when it was still open. It would be great to see those worth something someday, but I didn't invest enough that it matters to me very much if I lose the dough or not, and I do have only very minimal expectations of ever making any gain. It has merely given me some motivation to care about what happens. Also, my son lost 7 btc on Mt. Gox, so I would love to see him get his money back, as right now he could really use it. Does that make me greedy? Probably, at least a little bit. However, I have got interested in the whole Mt. Gox affair as kind of like a murder mystery. I'm trying to look at the matter objectively, as dispassionately as possible, and try to figure out "who-dun-it".

There's always the obvious choice of "the butler did it"--in other words, Mark Karpeles. He was standing closest to the scene when Mt. Gox bit the dust. Many people have personalized the matter like he ran off with their bitcoins himself. I don't wish to defend him, yet there are no excuses possible for ridiculing his physical appearance or ethnicity, as if those things actually had anything to do with the matter.

Brock Pierce is another example of personalization--like MK. I don't know the gentleman, and have no opinion about him one way or the other. You say he is "scum", and perhaps so, yet the general public, like me, who are not familiar with him or his background, shouldn't make such assumptions without some actual proof. He is a public person, been an actor, so he's been out there, and people will say all kinds of derogatory things about someone in the limelight like that--for whatever reason they may have. I would prefer to give this man the benefit of the doubt, unless of course I knew for an absolute fact that he was guilty of some heinous misdeeds.

You say you care about the future of bitcoin as a whole, and I believe that, but perhaps something you have not given sufficient weight to, is that a very large amount of funds have disappeared in Mt. Gox--not just bitcoin, but $27 million in cash. The cash alone would probably qualify the take-down of Mt. Gox as one of the biggest robberies of the century, let alone the vast amount of BTC gone. The explanations for what happened really don't add up. The Mt. Gox collapse, due in part to its magnitude, has besmirched the reputation of bitcoin, and made people worry about the safety of any funds they have to invest. The least informed people, are the ones most frightened by all the FUD generated by this event. So if you truly care about bitcoin, as I'm sure you do, you'll want to get to the bottom of this mystery too, and help clear the air for the public.

To me, it appears to have been a case of "asset stripping"--if you don't know what that is, please look it up. Mt. Gox could have been a case of "internal" stripping done by Karpeles or other insiders, or else by external sources, or some mixture of both. Something you don't seem aware of is the parties responsible for taking down Mt. Gox have been laying down a public relations smokescreen to distract people from seeing what they're doing. They would like nothing better than to  have you or me obsess about the character of some personality who is only tangentially connected to the whole affair like Pierce. The more you or I bitch about such an individual, the less focus there will be on the actions of the perpetrators.

My compliments to Phinnaeus Gage on all his fantastic detective work, yet it would be great to tone down the rhetoric just a little and focus in more on conducting a serious investigation, which hasn't happened yet. Individual people who have an interest in Mt. Gox, or bitcoin as a whole, need to find answers to many questions. Here's a few to chew on:
(1) Three months after the collapse of Mt. Gox, why is no one charged with any crime, or in jail?
(2) Why has nobody--Mark Karpales, or anyone else connected to Mt. Gox--said even one word to defend themselves? Does that mean they been silenced, and, if so, by whom, and for what reason?
(3) What was the role of governments in this take-down. Were Mt. Gox's assets seized by one or more agencies?
(4) Were the activities of bots such as Willy and Markus implicated? It seems too much of a coincidence that 650,000 btc were traded by these bots, and that is the exact same amount now missing from Mt. Gox.
(5) Are Mt. Gox's Japanese banks behind the alleged asset-stripping, or at least the disappearance of the $27 million in bank deposits. What's up with that?

Peace!



 

[thejewelrytech]

I agree people or at least someone should be held accountable but if brock buys Mt.gox there is a extreme conflict of interest there without all his other problems he brings to the table aside that is just icing on the cake...your a father would you trust this man alone with your children?I would hope not..GOOD people don't get these types of allegations unless they are doing something wrong to begin with? it always stems from something even lies usually have a shred of truth to them..........So why trust him enough with your money? mark selling to brock ....That's like having your best friend and co-conspiritor reside over your court case as judge and prosecutor and defense attorney especially when he has giving the foundation Money for membership...Who do you think he's going rule in favor of?Having being a member of the foundation and having another foundation member buy is a extreme conflict of interest anyway you slice it if there was any criminal dealings going on and to be found you would want somebody with no ties or connections to mark doing the detective work not the foundation he has giving money too that .
 For justice to happen there has to be a system where there is true justice and unfortunately it doesn't exist just look at the judge in texas he can bang his gavel and say mark must appear all he wants he ain't coming and nobody can make him....We are always led to believe their is justice in our system and that Gov will protect us and save us but if you ever been involved in the court systems? you quickly learn there is no such thing as justice at least in America and pretty sure it's universal. I've seen everything from criminal side too civil and I can say first hand court systems are a joke! Government has way less power then people actually think? I've been summoned to court quite a few times for owing money to Banks and I laugh when credit card companies try to scare me to court with a summons you know what I do with my summons? I throw it straight in the Trash ;)Because I know there is nothing they can ever do to me. The only thing they can do is tarnish my credit report and nobody is ever going to come after me and seize my things these things pretty much never happen unless your rolling in money...There not going to waste the time,resources and money for somebody else's civil cases because you can't get Blood from a Stone but even corporate banks still believe the gov will actually do something in these cases? and its a joke really just look at the millions of people who walk around owing child support and nothing ever happens to them? Because There's nothing they can or will do to protect and enforce things? They just don't have the power nor resources the system is mostly a joke a Illusion of power that can't protect you when you need it unless you have money......
I'll tell you a couple stories and experiences with the courts and why I say the things I do I got in trouble long long time ago when i was young and dumb and have personally have paid off a judge before and this is the true reality of courts where back room deals happen all the time and Nobody sees or knows about these things to tell.. I've seen it and done it first hand and seen other cases as well and have been on the recieving end in Civil where someone paid a judge for judgement against me this shit happens all the time.......  Because the court systems are generally run by "WHO YOU KNOW and How much money you have these things keep you out of trouble regardless if your innocent or guilty when you know the right people This is exactly what happened with Brock and the pay off for silence a witness makes it obvious. If you don't have these things these are the people that get the book thrown at them and actually do time in jail generally and its not because of Justice was served! They went to jail because they didn't know the right people and didn't have enough money for pay offs you can buy yourself out of anything short of Murder when you know the right people but it will cost you.....
 I was also a victim of a corporate scandal not to long ago was a employee for what was a multi million dollar business and I came to work one day only to find the doors locked and closed and out of business and one night over night they packed up everything and literally took all employees and affiliates everybody for millions and millions of dollars and the owners left town! I was owed a couple months salary and lost pretty big almost lost everything because of it and all the companies they worked with and had legal binding contracts were left High and Dry for millions!!! It was very much like Gox where they milked it and worked on fractional reserves and pulled the wool over every bodies eyes! This was a straight up theft no doubt about it!   You know what happened to these people? Absolutely Nothing! They got away scott free moved out of state never to be seen or heard from for years  nor any means to track them down and then eventually came back cleaned out and broke filed for bankruptcy and paid NOTHING since they had nothing to take by this point and filed under the Guise of insolvency and expenses taking them under screwing everybody there was nothing these high paid Lawyers could do for the companies that lost out...This is how corporate America works they hide under THE VEIlL of Incorporation's where there is always more then one owner so they can't pin it on any one person? because there's multiple owners and everyone can just blame everyone else and each other .Courts usually never have enough concrete proof to stick it to any one person when they incorporate its usually always never just 1 person and this is what protects these people and why people incorporate their businesses the INc becomes a complete separate entity that is not you making you immune to criminal prosecution even though you may own it you are not" IT"  so they don't and can't  go to jail they get fined because you can't lock up a INC! just like the Banks who ripped off people no banker ever goes to jail they get slapped on the wrist with a fine because you can't jail a whole incorporation.... People who do White Collar crimes very seldom ever see criminal prosecution sadly that's why there is so much of these types of scams if you rob someone physically you can expect to go to jail but if you rob someone through business? it's a slap on the wrist and usually nothing at all becomes of it you can file bankruptcy and get away with it that's generally how these things work sad but true.
 I've been goxxed myself happens to everyone sometime in life usually except for me it was FULLTILT POKER lol Very similar situation incompetent ownership and sheenanigans and lots of funny business these people never went to jail either.... I learned the HARD way and lost thousands and learned never ever ever ever send your money over seas you will never have any retribution or legal recourse unless you want to throw more money out the window if things go wrong but it was a learning experience and saved me from future loses .Sure it was fulltilts fault and the gov for seizing funds that Black friday but I only had only myself to blame in the end You Live and Learn.....
 This is the realities of the world unfortunately where might makes right and money buys you freedom and there is always groups of people washing each others back that you will never see or hear about this is Universal everywhere this is why justice will most likely never be served judges,lawyers , and governments they are all crooks pretty much sadly and the only justice they obey is the mighty dollar they don't care about right or wrong.
  Now this doesn't mean 100% this will happen with gox I hope not would love to see that fat fuck go to jail as he was clearly taking peoples money after he new for sure he was 100% insolvent and the damage he did to Bitcoin as a whole that should be criminal enough right there regardless what really happened to the coins ?but since nothing happened as of yet it looks like he's going to get away with the perfect crime Unreal...

[DrApricot]

I agree people or at least someone should be held accountable but if brock buys Mt.gox there is a extreme conflict of interest there without all his other problems he brings to the table aside that is just icing on the cake...your a father would you trust this man alone with your children?I would hope not..GOOD people don't get these types of allegations unless they are doing something wrong to begin with? it always stems from something even lies usually have a shred of truth to them..........So why trust him enough with your money? mark selling to brock ....That's like having your best friend and co-conspiritor reside over your court case as judge and prosecutor and defense attorney especially when he has giving the foundation Money for membership...Who do you think he's going rule in favor of?Having being a member of the foundation and having another foundation member buy is a extreme conflict of interest anyway you slice it if there was any criminal dealings going on and to be found you would want somebody with no ties or connections to mark doing the detective work not the foundation he has giving money too that .

The imagination tends to run rampant when essentially there is zero information being made available about what's going on with Mt. Gox. Your guess could be just as good as mine. I've already said that I don't know whether it was an inside job, or done by outsiders, or both.

My only point was, suppose you were Gordon Gekko and wanted to strip Mt. Gox of its assets. Buy it under the pretext of restructuring the company and returning it to profitability. Ask yourself, "How would I do it?" Here's one scenario that I came up with:

(1) Infiltrate Mt. Gox with my own stooge in order to lay some kind of trap--similar to the way you'd set up a sting operation. Maybe that's what those bots were up to--creating the appearance that there were 650,000 more bitcoins being traded on Mt. Gox than there actually ever were. Someone on the inside could easily have planted them, and then blinded the internal software checks so their operation was never even detected until way too late.

(2) On the books it would appear that there should be 850,000 BTC when in fact there were really only ever 200,000 or a little more. Then I would have my stooge hide the 200K BTC in an old wallet that hadn't been used for a few years.

(3) Cut a deal with an unscrupulous bank to slow down Mt. Gox's deposits while speeding up its withdrawals, thereby creating an artificial cash squeeze. Have the bank call in Mt. Gox's short term credit line when it couldn't keep up with its payments.

(4) At this point, on the books it would appear that Mt. Gox was flat broke, and had lost all of it's depositor's bitcoins.

(5) Then I'd leak out a phoney crisis strategy document to announce Mt. Gox's situation and get everyone else to cut them off too.

(6) The only remedy left at this point is for the company to declare bankruptcy so as to ward off its creditors. Once the declaration is officially made,

(7) then I would "find" the missing bitcoins in the old wallet where they had been earlier hidden, yet it would appear as though 650,000 were still missing.

(8 ) Once Mt. Gox was in bankruptcy, I would then offer to buy it up for some trivial amount with the vague promise of taking care of the depositors and throw them a few percentage of the stock which costs absolutely nothing to offer, and thereby seize complete control of Mt. Gox's assets.

(9) Make a few token payments to those depositors who scream the loudest, and  then walk off with the rest amounting to $120 million or more at today's price, and so much the richer.

(10) Mt. Gox finally is now Empty Gox, and there's nothing left but the hollowed shell of the company as it has been completely stripped of its own assets as well as its customer's deposits.

For justice to happen there has to be a system where there is true justice and unfortunately it doesn't exist just look at the judge in texas he can bang his gavel and say mark must appear all he wants he ain't coming and nobody can make him....We are always led to believe their is justice in our system and that Gov will protect us and save us but if you ever been involved in the court systems? you quickly learn there is no such thing as justice at least in America and pretty sure it's universal.

You're too willing to give up. Someone once said, "The wheels of justice turn slowly, but grind exceedingly fine."
I would say, when it comes to courts, "the squeaky wheel gets the oil."

There is some reasonable basis to believe the government has seized Mt. Gox's coins. Perhaps it is false, but those affected certainly have a right to request the release of their bitcoins, should they be held. The correct legal step is to file a motion with a court to have the coins released on the basis of an "innocent bystander" defence.

In other words, were there some illegal shenanigans going on at Mt. Gox, those people who are depositors generally had no part in the wrong-doing, and are completely innocent. Their bitcoin deposits should be returned to them on that basis.

Were every single depositor to file a motion with a court, this would cause a screeching noise so loud that it would definitely generate some kind of response. At least the U.S. and/or Japanese governments might come out and declare once and for all whether they have the coins. If they do not have them, then it would be much more clear that this was a straight up case of insider theft.

--Very long rant deleted.....BTW, breaks my heart to read.--

This is the realities of the world unfortunately where might makes right and money buys you freedom and there is always groups of people washing each others back that you will never see or hear about this is Universal everywhere this is why justice will most likely never be served judges,lawyers , and governments they are all crooks pretty much sadly and the only justice they obey is the mighty dollar they don't care about right or wrong.

I know you are pretty jaded by your experiences, but there still are good people left in the world. The worst thing is for them all to sit idly by and let an injustice stand. I'm trying to do my small part - hope you do yours too!  

Now this doesn't mean 100% this will happen with gox I hope not would love to see that fat fuck go to jail as he was clearly taking peoples money after he new for sure he was 100% insolvent and the damage he did to Bitcoin as a whole that should be criminal enough right there regardless what really happened to the coins ?but since nothing happened as of yet it looks like he's going to get away with the perfect crime Unreal...

Remember, we don't really know what happened there. It could be a total set-up. Also, it's a lie that depositors are "unsecured creditors." They are depositors and deserve to be treated with all due deference.

Please don't leave it all up to someone else to take action. Every small thing you do counts. It takes a lot of pushing to get a snow ball rolled up to the top of a hill, yet once its there, look out below.  

[Phinnaeus Gage]

Thanks for the mega-post replies, guys.

[thejewelrytech]

Thanks for the mega-post replies, guys.

No Thank You! for the hard work you put in to help expose these guys!I learned a lot from it personally and hopefully many others have as well the community needs people like you keep up the good work my fellow Pisces