There is no good news here. I am sorry that FZB failed, both as a business and an asset. I wish that the SEC would give the $15,000 they took from me back to the shareholders of FZB, but they, like myself, can't figure out who they are, and the SEC wouldn't do that even if they could (you know, because they care about shareholders). I am also very sorry for my inability to even provide updates on this topic over the past couple years. Everyone has been in the dark, the whole situation sucks, and the only party who benefited from any of this is the SEC.
I have a few lessons I would love to share with the community regarding crypto-equities after my experience with SatoshiDICE and FZB, but again, because of threats from the SEC, I can't.
Keep innovating and building. I'm sorry I let you guys down on this one.
I have a few lessons I would love to share with the community regarding crypto-equities after my experience with SatoshiDICE and FZB, but again, because of threats from the SEC, I can't.
Keep innovating and building. I'm sorry I let you guys down on this one.
Step one would be asking for a better list. James (nefario) is still around. Worked at Coinfloor for a while, he's doing other projects now: https://www.linkedin.com/in/mccarthyjames
With the SEC IANAL but I have some experience and my lawyers (Angeli - Ungar Law Group, Portland, OR, Lane Powell PC, Portland, OR, & Jeremy McDermond, Corvallis, OR) were outstanding. I think the approach they want you to use is to make the investors whole prior to settlement, as I believe in my case the disgorgement was reduced accordingly. I'd already dealt with the challenge of the GLBSE lists though so I had that taken care of prior to working with the SEC. (Referring to LTC-MINING) I also had the challenge of the fact that I'd spent / lost (lost in the GLBSE closure) most of the funds. I had to buy the BTC back using what should have been retirement savings, and BTC had gone up in value quite a bit. Not fun, but I guess it could have been worse.
Hope that makes sense. I second the keep innovating and building sentiment.
Cheers.