When were you planning on disclosing this aspect of your role in relation to the sale of your stake in GLBSE?
I mentioned it briefly in my sale thread. And I've mentioned it before in other places.
Theymos, as treasurer, shouldn't you be the one to disperse the funds to their rightful owners? Why would you be sending the funds to Nefario in the first place, even if you had no knowledge of his treachery?
I don't have the user database.
Nefario has defrauded me and others in several different ways and deserves a scammer tag.
- He has stated that he would ignore any motion to remove him as CEO.
One thing I constantly warn people about is self-censorship. If you think it is a good thing to remove Nefario as CEO, then put up a motion, and let him ignore it and take responsibility for this. By not putting up a motion because "he would ignore it", you are simply letting him go on as CEO.
Please do not censor yourself, and do what you think is right for GLBSE regardless of what you think Nefario might do then. That could protect you in the future.
(disclaimer: I don't have any coin or share on GLBSE)
Theymos, please read this post. I also urge you not to give any BTC to Nefario. Thanks.
I tried to remove him as CEO, but there wasn't enough shareholder support. 5-6 people supported removing him against three (including Nefario) who didn't, but our side didn't have enough shares for a motion. Three large shareholders weren't at the meeting, so it was difficult to get the 51% required.
Later on in the meeting, Nefario somehow managed to convince 1-2 of the people who had supported removing Nefario, which is how he was able to pass a motion to order me to give him the treasury funds. So I doubt a motion to remove Nefario is possible now even if the absent shareholders voted.
It doesn't matter anyway, since Nefario said that he would ignore the shareholders and shut down GLBSE. And shutting down GLBSE is against the bylaws, so he needs a 66% vote. He didn't even pursue a 50% vote.
What would I do with the money if I kept it? I don't have the user database.
Damn, thanks for trying though! This really sounds bad. I hope I'll get my money back from GLBSE. I knew I should have withdrawn...