Anybody else think Jed McCaleb and his bud's robbed Gox?

[WildWes]

Hmmm seems a little funny to me, this nepotism, favoritism and smoke and mirrors just like Fortress and Ribbit and Xapo receiving $20 million in funding.  It wasn't $20 million in funding, Fortress has their coins held with Xapo which is them anyway.  Hahaha and then you have Coindesk trying to wrap the whole thing up neatly thinking we are retarded or something.  Oh boy.  Most of the community sees through this stuff but there are still the uninitiated who think its all roses and clouds.  I particularly like the regard the community gave Bitstamp for a unidentified third party auditor - Scooby Doo?  Long way to go people, hopefully the community begins to wake up soon.  Paul Krugman was right no the money.  This is almost embarrasssing.

Anyway who thinks Jed did it or his 'group'?

"Ripple doesn’t collect transaction fees the way PayPal, banks and credit cards do. However, it does take “a small portion of a ripple (equivalent to ~1/1000th of a cent)” from each transaction. That amount is destroyed rather than retained. The deduction is meant as to safeguard against the system being swamped by any one individual who might try to put through millions of transactions at once."

Hmmmmmmm so he knew about dusting the blockchain, Gox's inherent flaws as well.  Scam of the decade as far as I know.  What say you?  Pretty open and close case to me.  Motive, method, all lines up to me. 

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[chopstick]

No. Mark Kerpeles robbed everyone, and then shit on all their faces.

[Bit_Happy]

Original MtGox Founder = Jed McCaleb
What does Ripple have to do with your "rant"?
Could you please explain more clearly why people should try to understand your ideas?

EDIT: I see Jeb just left Ripple

Most of the community sees through this stuff...
How do you know, you just got here?   

[WildWes]

Sure.  These are Jeds words.

"The deduction is meant as to safeguard against the system being swamped by any one individual who might try to put through millions of transactions at once." regarding his new baby Ripple.  hahaha 50% pre-mine.  Jesus.

He was aware of the importance of dusting the chain, a tactic used for the malleability inefficiencies on Gox.  As well he was COMPLETELY aware of the ineptness and how Mark could be slowly swindled with no risk management controls.  You read the drama as well obviously.

He had the means the motive and the opportunity and some rivalry always helps.

In US Criminal law, means, motive, and opportunity is a popular cultural summation of the three aspects of a crime that must be established before guilt can be determined.

[Bit_Happy]

Sure.  These are Jeds words.

"The deduction is meant as to safeguard against the system being swamped by any one individual who might try to put through millions of transactions at once." regarding his new baby Ripple.  hahaha 50% pre-mine.  Jesus.

He was aware of the importance of dusting the chain, a tactic used for the malleability inefficiencies on Gox.  As well he was COMPLETELY aware of the ineptness and how Mark could be slowly swindled with no risk management controls.  You read the drama as well obviously.

He had the means the motive and the opportunity and some rivalry always helps.

In US Criminal law, means, motive, and opportunity is a popular cultural summation of the three aspects of a crime that must be established before guilt can be determined.

That is much more clear than your OP, thanks.

[jonald_fyookball]

Interesting theory. However, the recent Oh look we actually found 200k coins doesn't really fit into that picture,does it?

[Aquent]

Can you explain what were the means, what was the motive and how did he have the opportunity?

[freedombit]

Scam of the decade as far as I know.

Even if you are right, you need to get out more. This is small potatoes in the grand scheme of things.

Possibly. Or we wait until the end of the decade to see if the impact of this on society was zero - or the greatest heist of all. It depends where the world takes the value of Bitcoin. Hindsight is 20/20.