Post
Topic
Board Securities
Re: GLBSE is offline We will update our users on Saturday.
by
Bitcoin Oz
on 15/10/2012, 22:46:40 UTC
According to the new article on the magazine site, he has over 800+ accounts to wade through. And this apparently is not an easy matter to do, and involved considerable time sorting them into batches and then manually processing the payouts.

Which, like everything else involving this exchange and this exchange operator in particular, is nothing but pure hot air.

That article started out about Nefario. Did anyone else get the feeling it ended up being mostly Theymos bashing?

~pyotr

Actually Nefario lied about the voting numbers. 47% voted to oust him and ColdHardMetal refused to vote which would have put it over the line. Everyone at the meeting except for one person voted for Nefario to be sacked.

The reason for the holdup is Nefario extorting the rest of the shareholders so he can take whatever is left over after all claims have been paid leaving bitcoinglobal with no operating funds.

Also it was Nefario's decision alone to "go legit" and he approached a solicitor without approval from bitcoinglobal. The shareholders had no say in this at all. The whole thing has been rushed from the beginning including the botched payouts.