If i would be nefario and would held responsible when glbse lives on i would crash it too. I mean such market isnt worth enough for a person to go to jail. I think no one would decide another way.

But taking user money isnt ok. (Ok, he didnt yet but plans to do so isnt it?) Or maybe is the lawyer not against him in person but against the company? If so it would be correct to defend the company with companies money. But is the money of the users the money of the company? Is the money a investment into the company? I doubt that. So then it would be wrong anyway.

Of course... with the data from glbse the shareholders can get their shares and a new platform could be created. So i think if all is correct that had been said, nefario cant act another way to protect himself. I mean i want to see the person that would hold glbse alive when in exchange you have to go to jail or similar.

@Theymos Do you know someone able to access the database of glbse so that you can make a backup just in case? I dont want to hear at one time that all data is lost or something. Or that i have to join a new platform to get my shares and joining the new platform wouldnt be good for me.
Can you reveal the usernames of the glbse-shareholders? Are they reputated forummembers? Maybe they should say some words too when they know more.

Quote from: fcmatt on October 06, 2012, 02:41:38 AM

Why are share holders of this operation getting off free here? Are they not also scammers for participating as owners of this shady operation? Just because they lost a few bucks does not mean they are not also responsible for customer's losses?

Scammer tags all around in my mind.

Why should it be a scam? Theymos said there are only 600BTC in glbse in form of btc. Thats not much earning to create a scam this big dont you think?

And what customers losses should they give back? You speak from the money used for lawyer only? Its not spent yet it seems.

Quote from: Icoin on October 06, 2012, 05:57:40 AM

There is something bether out there created by vircurex. Its called cryptostocks.com. You can deal not only with BTC securities but allso LTC and DVC.
Im realy glad that im positioned on https://cryptostocks.com
The identity check is optional there.

Again a .com...

Quote from: Puppet on October 06, 2012, 08:20:50 AM

As for him stealing funds to pay for his lawyer; getting legal advice certainly sounds like a legitimate business expense to me, one you should have invested in a LONG time ago. Its completely reasonable Nefario would pay that with company funds rather than his own personal funds.

You assume its not him sued but the company. And you assume the customers money is invested in glbse. But it isnt in my opinion. I never got a dividend from glbse itself so i didnt invest in glbse. I moved my money there to buy shares but this doesnt mean its the money of glbse now. So nefario is using money he shouldnt. Am i right?

Quote from: Transisto on October 06, 2012, 08:31:33 AM

I refuse to limit myself to documents such as SECURITIES EXCHANGE ACT OF 1934.
Haven't read but I think it's safe to say ~30% of what's written in there is ridiculous and make no sense when applied to a world of bitcoins and global online transactions.

As if this would help. Governments all over the world make acts to restrict internet by using rules from last century. In the name of copyright, terrorism, childporn they try to use ways that worked in the old days but not now anymore. They will use old rules when they can because the think old.

Quote from: danster82 on October 06, 2012, 10:43:40 AM

But I cant remember the assets I hold, or even my username it was all autosaved, we need access even if all transactions are locked out in order to get the information.

Does anyone have a list of the issuers?

You should find your username in the browser you stored it in and you should have emails from glbse. So you know the email you used.

Quote from: chrisrico on October 06, 2012, 01:07:59 PM

You should probably all be aware that Nefario is already planning on creating a legal, regulated Bitcoin stock exchange service (of some sort) once this blows over.

If so he should start to communicate. Otherwise his new platform wont have the trust he need to get investors.