Quote from: galambo on October 28, 2012, 03:49:59 AM

Quote from: bixcoin on October 28, 2012, 03:36:15 AM

You must be kidding? Misappropriation of funds is a crime and should be punished by law. Nothing to do with GLBSE beeing illegal. He just ran away with our funds. Thats how I see it.

From what I understand he passed these funds through to fraudulent asset issuers. He was just a middleman. It's a bad idea, but he didn't really profit that much himself.

I hope we can identify and pursue the asset issuers to recover the investors' money.

If he doesn't pay back a dime nefario won't get anything out of this. Perhaps a couple thousand bitcoins, but thats less than a years salary for a normal person.

Ideally you would pursue the asset issuer. If they can't be located I guess we can assume it is nefario.

You're trying to move the focus of this to issuers?
Sure many of them are scammers too, but if a GLBSE user loses btc that way it's his responsibility for not having done enough due diligence/ being greedy and stupid (pirate fund investors).

First off, let's handle things with the person who started all the troubles for most of the users, that's Nefario and his stab-in-the-back GLBSE closure.
Then, if/when users have been returned BTC and proof of the assets held, other procedures can take place agains select issuers.
I can assure the asset issuers of the assets I held will own up to dividends at least, once proof is made available.