OK, unsure at the moment. A colleague actually did the "disavow" file, my WMT is restricted to some extent. I'll get admin access and find out.
Although we've not seen any messages in WMT, we have seen organic traffic drop significantly (70%-80%) and as our site is fairly new I would imagine Google doesn't give you the benefit of the doubt when 70k links suddenly point at your site.
I suppose this will take a while to get back to this level again?
