Dear Rachel,

It has never been the case that compliance with a narrow set of rules
creates trust in a human endeavor. The decision to trust a CA is an ongoing
one, and the behavior of its representatives is evaluated in that light, as
representative of the attitude taken by the organization to its
responsibilities. Your aggressive bloviation and evasion contrasts quite
negatively to the openness with which other CAs have addressed issues
before, and is most certainly affecting the trust that I would consider
reasonable to place in TrustCor.

In particular it is not clear to me what the entities and people being
discussed who have ownership of TrustCore CA are, what all the
jurisdictions where operations or entities were formed are, how these
structures change over time, and what transactions were supposed to effect
these changes. All we hear is a few pieces and disputing that we need to
care about the rest. You talk about an operational insulation agreement,
but haven't provided any details or indicated where details might be found.
This incompleteness makes it difficult for me to assess your assertions
about the entities involved.  Nitpicking the tense and grammar of questions
reminds me of nothing so much as a former President.

Ultimately as we've seen with WoSign, etc the CA business is much like
banking. When you need to say "we've got good credit", your credit is
actually worthless already. And given that TrustCor seems to have only one
customer, there really isn't much of a reason not to expel them.

Sincerely,
Watson Ladd

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