The servers are also on american soil, which is not smart for an exchange which is not compliant with the US fincen guidance (a site which converts one virtual currency into another requires a money transmitter license if they serve US customers, as explained here: http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf). Forget about that it's not even registered as a Money Service Business MSB.

Furthermore, what happens if Realsolid is run over by a bus tomorrow. That's $600k of funds gone as he's intimated in the chat he's the only one who has access to the funds.