Still a dick for wanting to keep the BTC.
You seem to like money regulated by some community, lets call it a government since it's governing.
Why at all use bitcoin then.
Because a government that regulates ALL activity is fundamentally different than an exchange that only regulates the people that choose to engage with it. This is simple buddy.
Exactly. If he had bought bitcoins at the same time from, say, Tradehill, I wouldn't be going after those. Only the ones purchased (in good faith!) from a fraudulent trade. No different than buying stolen goods, except, hey presto, he gets his money back. All of this really just seems like him being butthurt about not being a millionaire (which I totally understand.)