I saw it mentioned in this thread that it's important to stand up for what we believe in.
I agree with this, however there are cases when this can backfire severely and create unnecessary stress.
I've heard law enforcement agencies swipe with a wide brush before when trying to solve a case. FBI for instance simply don't care if they disrupt the service of a company if they're doing an investigation.
FBI aiming for one server, but takes 'tens of servers':
http://bits.blogs.nytimes.com/2011/06/21/f-b-i-seizes-web-servers-knocking-sites-offline/Homes raided and all electronic equipment seized for several Occupy movement members:
http://www.indybay.org/newsitems/2012/07/25/18718309.php?show_comments=1So the point I'm trying to get across is that, standing up for what you believe in is all fine and dandy, but then you also have to face the consequences if just one detective from Secret Service, FBI or whatever decides that Bitinstant is a lead, or may be affiliated with the hackers. Then they may take all the servers, and also raid the homes of the employees and take all the electronic equipment.
I've seen it happen for extremely weak reasons before. And they don't call you and ask you to come down to their offices for a nice chat, no, they go in with a force, and swipe the premises clean.
Not saying that it will happen at all, but it's a possibility once you stick your nose out in a criminal case. No matter if those affected by raids the last years were guilty or not, having something like this happening will affect the business and your personal life.
And if you think about Bradley Manning (
http://en.wikipedia.org/wiki/Bradley_Manning#Arrest_and_charges) he probably did what he thought was right, but I think he's in prison for life now.
All I'm saying is that standing up for what you believe in is important and good, but also be aware of the possible consequences and think about wether you're willing to face it, should the unlikely hapen to you.
Note that I have no beef with BitInstant, I think they're doing a great job in general, but I don't know if this offer was the most clever choice they've done.