Quote from: CartmanSPC on March 20, 2016, 02:48:03 AM

Quote from: gembitz on March 19, 2016, 03:29:23 PM

who would buy this debt hole is cray ! lol

They wouldn't buy the debt...only the assets. Proceeds from the sale would go to the debt holders. This is what a receiver does. Tries to recover value of whatever assets still exist for the benefit of the debtors.

Quote from: gembitz on March 19, 2016, 03:29:23 PM

you must not have used the site much, it was the buggiest exchange ever!

Really? It sucked as an exchange then? I'm not talking asking it's liquidity problems...just it's function as an exchange.

They liquidated HashTrade. To date, $0 paid to creditors.
They liquidated BFL. To date, $0 paid to creditors.
Johann Gevers of Monetas liquidated Sonny Vleisides' Laissez Faire City (circa early 2000s). To date, $0 paid to creditors.

Laissez Faire City Founders looking for revenge?

An excerpt:

Quote

James Ray Houston has ripped off a lot of money from people many times.
The trail starts in Las Vegas , then Florida and on to Costa Rica, who knows where it will end?
None of the assets from Landco, the real estate part of LFC ever showed up on the truly laughable audit. A lot of assets "somehow" did not make it to the audit, Johann Gevers must be a student of the Leavenworth system of accounting.
Grabbe has some sort of deal going with Sealand, could be where he hosts the DMT stuff. A lot of porn and spam comes from there so he would fit right in.
One of the unmasked BOG( Board of Oversight Governors)used the nym Graywing, real name Magdalena Donea, runs this site http://www.lfcgate.com/
and this one
http://thirdhost.com/
She is married to Patrick G. McCuller, another fellow with real "inside " info.
This is a site run by an LFC "insider" http://www.scamdog.com/
And this one http://ica.citystateinc.com/
And the nym Howard Huge is really Steve Randall of this site
http://www.randallsquared.com/
And then there is http://www.metropipe.net/, just took over Mailvault, run by yet another LFC alumni.
And Grabbe is right there http://www.orlingrabbe.com/homepage.html

And the low risk high value stock they trade in is the names and emails and payment histories of Sovereign Individuals.
High net worth sovereign translates in idiot to english as- has cash -will send to strangers.
They are not on the run because when a scammer steals from libertarians or sovereigns there was very little risk.

"I see patterns!"