And because it's a "toy company", as Nefario described it, there was also apparently no prohibition on a partner voting on a matter where they have a conflict of interest.
(sic) It's a "toy currency", and they were "playing stock exchange."
On the other hand, maybe you don't want the company anymore. Nefario now being the scapegoat is a very easy way out for all other partners. So nobody has to take responsibility for the mess that has been created. It is all Nefario's fault.
And yes, since it wasn't a registered corporation, all of the share holders are personally liable.