05 Dec '12, 2pm

#BitFloor and #Bitcoinica Refunds Showing Signs of Progress #bitcoin

#BitFloor and #Bitcoinica Refunds Showing Signs of Progress #bitcoin

BitFloor and Bitcoinica Refunds Showing Signs of Progress The Bitcoin exchange platforms BitFloor and Bitcoinica, the two largest institutional victims of digital theft in Bitcoin history , have finally shown their first signs of genuine progress toward repaying their clients. On October 31, a court filing made by Tihan Seale in August to place Bitcoinica into a formal state of receivership for liquidation finally came before a judge, and Anthony John McCullagh and Stephen Mark Lawrence were appointed as liquidators. Three weeks later, the liquidators sent emails to select members of the Bitcoin community and made a post on the Bitcointalk forums asking for creditors to provide them with their address and contact details. As for BitFloor, on Monday, the exchange announced that it will be refunding 1.7% of its users’ lost funds, and further refunds will be made as BitFloor’...

Full article: http://bitcoinmagazine.net/bitfloor-and-bitcoinica-refund...

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