This is the most extreme betrayal of trust we have witnessed so far, it's almost a statement against the people with anti-government sentiment forcing us to "face the reality", that we cannot do business that depends on mutual trust without the helping hand of the State.
If I were based in the UK, I would have already contacted a lawyer and/or the police to try to move the violent arm of the Law against him with full force. (*) There is a limit on how much one can scam, steal and cause general mayhem with impunity even in the BTCsphere.
(*) But I do not discard the idea of doing it from where I am. Maybe some of like-minded GLBSE users may start to cooperate to try to force him to clear his mess now or face some legal consequence.
I'll wait to see what kind of "solution" he'll come up with for the "problem" of sharing the data sitting in his computer. No need to further pursue the case if all the issuers I need to deal with are likely to agree. However, I'm willing fly to UK and file my complaint if there is a joint community action before that happens.
The problem is, there are issuers that are accused of being scammers, and Nefario's "solution" may very likely prevent us from pursuing those people and therefore help them get away with it. Since Nefario was acting as the broker, he is solely responsible for the communication between those issuers and shareholders. His responsibility still continues. He not only has to inform the issuer of my presence, he is required to give me signed proof of ownership.
At least Nefario returning bitcoins & may open exchange again, instead of running away like pirateat40
I agree, but note that Pirate wasn't a prominent figure representing Bitcoin and he wasn't trying to be one. There are reasons we trusted Nefario, and he actively tried to convince us, on record, that what's currently happening was impossible.