As it was organized, it was an illegal securities trading market.
Oh and even if we cared what some gang of thugs thought about his company, I fail to see how his company could have possibly fit the definition of a securities trading market when there was no money ever involved in what this company did.
I mean unless bitcoins somehow recently became money legally speaking, I don't know what the fuck you are taking about.
The securities themselves are regulated, you could trade them for pogs and pinecones and it wouldn't matter.
bwhahahahaha you can't be serious cause man, someone should tell this every MMORPG out there, esoecually games like Second life or EVE Online..
If you tried to set up a securities market for real world companies that took payment in WoW gold, yes that would be illegal. The games are not doing that.
I don't presume Nefario gives a rats ass about his scammer tag, but you better believe he is done for life when it comes to doing business in the Bitcoin world because no one will ever trust this scum ever again.
Do you happen to know what my name is?