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Comment by agorabinary | Hacker News Reader

So...now that mt.gox is dead, does this mean mt gox employees are free from any non-disclosure agreements and can talk freely about what the hell happened?

Insider info would be greatly appreciated.

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If i was a Mt Gox employee,I would go into hiding and keep quiet instead of going public, all sort of people have invested into Gox including the kind of people you dont want to mess with.

But on the plus side, many of those people no longer have the Silk Road and large supplies of Bitcoin available for "services."

It's probably more likely that many employees were oblivious to the insolvency. As long as everyone's accounts were "credited" as they should, regardless of the soundness of their cold storage accounts, it would appear as though everything was fine.

See: http://www.reddit.com/r/Bitcoin/comments/1ysaz2/sarahcoinbit...

The kind of people that (unlike mafia or the police) don't need physical proximity to make your life a nightmare...

Here's someone who claims to be an employee commenting on the reddit thread for this news article: http://www.reddit.com/user/SarahCoinBit/comments/

That's not how NDAs work.

Perhaps in theory the agreement is still meant to be honoured, but in practice if the agreement was with an organization that no longer exists (0 employees), who would initiate legal action to enforce the NDA? I have no experience in this area, but can't see how the NDA could be enforced by a dead organization.

organization is not a living being. it does not "die" like that, and any damages which it might have to pay, it might reduce by suing NDA violators. why not?

At this stage, sure. But unless MtGox gets revived, what about in 2 years from now? It doesn't seem likely unless the NDA is one of the assets they sell.

by that time i guess nobody would care if the NDA is violated..

Not legally... but who would sue?

The website and the company are not the same thing.

They are both dead. See the statements.

Uh, it doesn't work that way.

A competitor does not get to put out a statement and declare a company dead. That's laughable.

The company itself can't even do that, it needs to unwind positions first at a minimum. It can take years to shut down a "dead" company, and until then all NDA's and contracts remain valid (although potentially unenforceable).

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