if he was a scammer i'm pretty sure he would have taken the bitcoins and went to enjoy life instead of getting flamed on irc and forums 24/7..
aye, one would think. I would imagine that $5m could buy one hell of a fire proof suit though. ;p
this really was a Ponzi, he wouldn't have $5M in coins. He would have been paying interest on old accounts with new money. Based on some rough estimates of deposits and interest paid, BS&T would have, at most, only 10s of thousands of BTC, not hundreds. You can't run very far and buy much protection for under $1M USD.