[gsc] Poloniex Bitcoin Exchange Loses Some Funds; Commits to Helping Users
> Poloniex, a Bitcoin trading post similar to Mt. Gox, has lost 12.3
> percent of the Bitcoin stored in hot wallets on the website.
> However, in stark contrast to how Mt. Gox CEO Mark Karpeles handled
> his company's Bitcoin losses, the owner of Poloniex, Tristan D'Agosta
> -- a.k.a. Busoni -- admitted to the loss and asked users how they
> would like to be compensated.
> "If I had the money to cover the entire debt right now, I would cover
> it in a heartbeat." Busoni admitted. "I simply don't, and I can't
> just pull it out of thin air."
> So, to keep everyone from withdrawing their BTC in order to not be
> left with picking up the debt, everyone's wallet on the trading post
> has been "temporarily be deducted by 12.3 percent."
> "Please understand that this is an absolute necessity -- if I did not
> make this adjustment, people would most likely withdraw all their BTC
> as soon as possible in order to make sure they weren't left in that
> remaining 12.3 percent," Busoni said. "Aside from the obvious
> drawback of most of the BTC being taken out of the exchange, this
> would not be fair -- some people would get all of their money right
> away, and a few would get none right away."
> The amounts deducted have been recorded, and the Poloniex chief says
> that funds will be raised from exchange fees -- and his own pocket --
> to try and cover the debt and redistribute funds to users who have