> At 02:03 PM 4/4/03 +0200, "Danny Van den Berghe" <[EMAIL PROTECTED]>
wrote:
> >Apparently my account was frozen by court order....
> > >On Friday, March 21, 2003, Cash Cards was attempting to fund an E-Gold
> > account
> >for one of its customers, in the amount of $3,260.00, but Cash Cards
> >inadvertently put these funds into your E-Gold account (No. 102468).
However,
> >since E-Gold has strict privacy rules and other restrictions, E-Gold would
not
> >reverse the transaction or freeze the account unless Cash Cards obtained an
> >order from a court. So, that is what we did.
>
> Geez!  Why didn't they just ask you for the money back before resorting to
> a court order?


Hi Wayne,



Their wording in the court order is as follow:

"... plaintiff cannot locate an address for this enity (= my account).
Indeed , part of the relief requested in the proposed Order is to require E-gold
Ltd
to provide this information.
In addition, if <account> becomes aware that Plaintiff's funds were
inadvertently
deposited into its account before this court freezes its account, <account>
could remove the funds beyond this Court's jurisdiction and render the order
moot"


So, e-gold's rules are now used against it.
It's non repudiablity is used as the main argument to justify freezing an
account before contacting
the person.

This means I can instantly get your account frozen by simply spending a few
hundred bucks into it 'by mistake'
That way I can also force e-gold to reveal all your contact details to me.

This court order has set the precedent, so now the system is basically unsafe
unless e-gold acts to adjust its rules.



Cheers

Danny











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