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Author Topic: Statement about the suspect of recent Bitcoinica hack  (Read 136080 times)
yepreally
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August 06, 2012, 08:26:15 PM
 #1061

I'm not sure if this is the right place to post this, but is anyone able to see their claim page anymore?  Mine appears to be gone.

While I am very concerned about getting the money secured and ready to be paid out, I'm even more concerned about how they will determine who gets paid.

Do we know who will be responsible for paying once the money is freed up?  Will this person be able to access our claims from bitcoinica (if they still exist)?

I've been following the forums since May, but have not had an account until recently.  I'm afraid that the less vocal people will be overlooked when the time comes to start paying again.  Or maybe my hopes are too high and everyone has given up on seeing our money again...

The personal claims pages disappeared a while ago (2+ weeks ago). No explanation why though. I certainly hope that the reimbursement db is safe & secure. Including data on any repayments already made before the MtGox compromise. I certainly have not given up on seeing my money again. Tihan is putting Bitcoinica in receivership and then liquidation, all proceeds from the liquidation will go towards reimbursing customers afaik.

Thanks for the update.  I must have missed the disappearing claims page news...  I was not excited to see that.

By the way, is this the most recent thread I should be following for updates?  We seem to have created quite a few threads during this whole fiasco.  It's not super easy to keep up-to-date on everything.
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repentance
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August 06, 2012, 09:30:14 PM
 #1062


Thanks for the update.  I must have missed the disappearing claims page news...  I was not excited to see that.

By the way, is this the most recent thread I should be following for updates?  We seem to have created quite a few threads during this whole fiasco.  It's not super easy to keep up-to-date on everything.

The thread started by Tihan is probably the best one to follow for information about funds recovery and where the receivership/liquidation process is up to.

https://bitcointalk.org/index.php?topic=97272.0

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 06, 2012, 09:43:26 PM
 #1063


Thanks for the update.  I must have missed the disappearing claims page news...  I was not excited to see that.

By the way, is this the most recent thread I should be following for updates?  We seem to have created quite a few threads during this whole fiasco.  It's not super easy to keep up-to-date on everything.

The thread started by Tihan is probably the best one to follow for information about funds recovery and where the receivership/liquidation process is up to.

https://bitcointalk.org/index.php?topic=97272.0

Thank you.
Transisto
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August 12, 2012, 04:19:57 PM
 #1064

What is the transaction# for the 15k BTC back ? (Zhou ?)

Is anyone following what is happening with the original 40k btc tx ?
dree12
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August 12, 2012, 09:18:38 PM
 #1065

What is the transaction# for the 15k BTC back ? (Zhou ?)

Is anyone following what is happening with the original 40k btc tx ?
For the 19k (and many other network-related hacks), I have a list here. The 19k transaction from Rackspace is: 7a22917744aa9ed740faf3068a2f895424ed816ed1a04012b47df7a493f056e8.
repentance
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August 13, 2012, 02:08:17 AM
 #1066

There really needs to be an update on the recovery of the fiat funds.  It's now been 10 days since Zhou's "finishing next week" post and there's been no indication yet that any of the fiat funds have been recovered.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Bitcoin Oz
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August 13, 2012, 02:12:17 AM
 #1067

There really needs to be an update on the recovery of the fiat funds.  It's now been 10 days since Zhou's "finishing next week" post and there's been no indication yet that any of the fiat funds have been recovered.

Probably because he's getting sued.

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August 13, 2012, 02:28:31 AM
 #1068

There really needs to be an update on the recovery of the fiat funds.  It's now been 10 days since Zhou's "finishing next week" post and there's been no indication yet that any of the fiat funds have been recovered.

Probably because he's getting sued.

Zhou isn't one of the named defendants in the lawsuit.  If anything, not acting to recover the funds from an allegedly known person could work against him if he eventually becomes one of the DOE defendants in the lawsuit as he -personally - is the only link to the alleged hacker and "cut a deal" with that person.

Nor is a statement from Zhou necessary.  I would expect any statement about the funds having been recovered to come from Patrick Murck once they are under his possession (because until they're under his possession they aren't truly recovered). 

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
sadpandatech
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August 13, 2012, 02:31:26 AM
 #1069

There really needs to be an update on the recovery of the fiat funds.  It's now been 10 days since Zhou's "finishing next week" post and there's been no indication yet that any of the fiat funds have been recovered.

Probably because he's getting sued.

Zhou isn't one of the named defendants in the lawsuit.  If anything, not acting to recover the funds from an allegedly known person could work against him if he eventually becomes one of the DOE defendants in the lawsuit as he -personally - is the only link to the alleged hacker and "cut a deal" with that person.

+1

There is absolutly ZERO reason to continue to hold up the process of ZT recovering funds form the 'hacker'.  Quite the opposite really. A judge will be very eager to persue a person related to the funds who has the means to recover them and has not done so.

The whole fucking thing could have been avoided so long ago, is what really irks me about the whole mess....  Angry

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
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repentance
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August 13, 2012, 02:46:00 AM
 #1070



There is absolutly ZERO reason to continue to hold up the process of ZT recovering funds form the 'hacker'.  Quite the opposite really. A judge will be very eager to persue a person related to the funds who has the means to recover them and has not done so.

The whole fucking thing could have been avoided so long ago, is what really irks me about the whole mess....  Angry

Yeah, well the whole "you see there's this Chinese relic collector..." story is going to be extremely hard to sell to a judge/jury without hard evidence of that person's existence and alleged confession.  And there's no way that Zhou would not be called upon to provide testimony because his claim regarding the Chinese hacker exonerates Patrick, Amir and Donald as suspects in the MtGox theft.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 13, 2012, 04:19:57 AM
 #1071

user "zhoutong" was online today so he is lurking around.

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August 13, 2012, 05:56:55 AM
 #1072

There is the possibility he now has a lawyer who is telling him to stfu.

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August 13, 2012, 06:18:29 AM
 #1073

There is the possibility he now has a lawyer who is telling him to stfu.

Which is why I would not expect any statement from Zhou.  If Zhou has been successful in recovering USD, I would expect Patrick Murck to confirm receipt of those funds though.  It is reasonable to assume until such a statement is forthcoming that further funds have not been recovered, which will have a significant effect on the final amount available to a liquidator for distribution to creditors.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 13, 2012, 08:13:40 AM
 #1074

There is the possibility he now has a lawyer who is telling him to stfu.

I really think if a lawyer told Zhou not to talk, Zhou would tell us. He loves to talk.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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August 13, 2012, 09:10:15 AM
 #1075

There is the possibility he now has a lawyer who is telling him to stfu.

I really think if a lawyer told Zhou not to talk, Zhou would tell us. He loves to talk.

I suspect he's realised that community validation offers no protection from legal realities.   Also, he turns 18 this month so even if he couldn't be held to account in some jurisdictions previously, he certainly can be held legally responsible in most places for any actions which occur after he turns 18.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 13, 2012, 10:49:00 AM
 #1076

It's very possible Zhou might be in hiding at this point.  A user of these forums has threatened violent action against him and has attempted to hunt him down, if Zhou Tong is currently in fear for his life he will be unlikely to be able to concentrate on continuing to prosecute action against the hacker thief.  The AurumXChange led witchhunt is very suspicious given these conditions, why did they want to go to so much effort to slow down the recovery process?

I think AurumXChange has some reason to fear Zhou getting to the bottom of what happened here. 

"Money is like manure: Spread around, it helps things grow. Piled up in one place, it just stinks."
muyuu
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August 13, 2012, 11:09:33 AM
 #1077

user "zhoutong" was online today so he is lurking around.

Aaaaand now he will browse unlogged in incognito mode...

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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August 13, 2012, 11:31:12 AM
 #1078

Is anyone seriously hopeful they'll get something back at this point? 

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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August 13, 2012, 11:32:35 AM
 #1079

user "zhoutong" was online today so he is lurking around.

Aaaaand now he will browse unlogged in incognito mode...

It's probably wise to assume that everyone associated with the Bitcoinica drama is browsing regularly looking for a heads-up on any further legal action - civil or criminal - which may be heading their way.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 13, 2012, 12:55:23 PM
 #1080

What is the transaction# for the 15k BTC back ? (Zhou ?)

Is anyone following what is happening with the original 40k btc tx ?

This is the BTC fund recovery address: http://blockchain.info/address/1N99P8Z5AQXWEYZiS6ddov9Fyc4kuGPpwJ

The 15K BTC transaction ID is here: http://blockchain.info/tx-index/14259797/a9e24f756f425a8f7bc7178f04416dc025790f4a66f3dd59e6ccc11d30672076
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