The wisest words I've ever seen office administrative staff post over the FAX machine are:

Everyone's life has a purpose. Consider the possibility that yours is to serve as a warning to others.

Precisely. I'd also like to reiterate that CryptoCat had no special obligation to release the report, and doing so was remarkably transparent; Nadim was also super open and responsive throughout the whole audit process. Regardless of anyone's opinion of the findings, the issues are out in the open, discussable and resolvable, which can be nothing but beneficial.

Kudos to Nadim and OTF for releasing the info and starting these discussions, as inevitably arduous as they are.