But what was your exposure exactly? Maybe I'm missing something. I guess there's risk to your reputation and risk of lost profits.
Really? It doesn't take much imagination.
Exposure to lawsuits from investors.
Exposure to release of your personal details after doing the verification process.
Exposure to bugs in the exchange that held up dividends or trading, thus depressing the value of your assets and angering asset holders.
Exposure to legal issues because the exchange wasn't on solid legal ground.
For funds that held their portfolio on GLBSE, exposure to your portfolio disappearing.
Cheers.