Hard to say but they went from ~270k DRK to ~226k DRK during that time.  So they got rid of ~44k DRK or roughly 16% of their holdings.  So if they keep up that rate, they will need ~6 working days to get all of the withdrawals processed.

I know to assume this is all a linear process - is a bit stupid. But in case we have no better reference, then:
they have "melted" that  wallet by 41506 DRK in 5.58 hours, or 7438 DRK/h
To melt is all to zero (at the same rate) would take 226458DRK:7438 = 30.44 hours
If this comes true - sure is better then MtGox 

We really do hope he's NOT using the funds in any way!


Alex Moolah has a deadline until today to release all funds.
Meanwhile the required documents for legal actions are prepared to be ready to send them over at deadline + 1 minute.

Though we hope this is being cleared ( = the escrow funds are sent without legal actions) we are prepared.

that's a lot of BTC. earlier claims of Moolah dumping large amounts of BTC when Mintpal V1 went offline are now becoming more plausible...

According to Vern they've been having hardware problems for over 12 hours. 

If I owned one of the other exchanges I'd be going in for the kill and doing all I can to catch the orphaned volume!

I've just got in contact with an Exchange based close to where I live in London.  They are low volume but not compromising on quality and security...building things slowly and legally imho.  They are a real company with real staff (transparent identities), real offices etc etc.  I'm not saying I know that they are safe but I've just asked them...why not go for the kill now?  Why not offer zero trading fees for a while?  Bonuses for volume?  I'd be moving heaven and earth if I were them right now.

Your rivals are down...keep twatting them with a stick until you know they're dead!

On a more savoury note...the sooner we can get away from centralised exchange the better.  Its going to take a far bigger brain than mine to make that happen though.  I can help swing a stick though...

my  30k + fair coin on mintpal are missing , and i forget how many other coins are there,... total coin value was 0.6btc before they went for v2..

agree. what's the exchange in London? decentralized is the future, too many people with hands in the cookie jar..

Whoaa.

This is really big.
My luck that I didnt have any coin there or this would be bad.
I hope that all of you who lost coin in this mater will have at least half of it back.