Yes but this is in a purely unregulated investment scheme.  Everyone is going to end up guilty and the SEC would just seize everything and tell you to pound salt.  I don't see how that helps.  They'd have to build a case.  It's not like some guy with a badge is going to go knock on his door and demand to see the bitcoin.  They'd have to show some proof of wrong doing. 

Realistically, you'd have to get a civil suit going.  Take him to small claims court if you feel it's worth your time.  At this point, I'm not even sure any of you know who this guy really is.  I'm not sure how one person manages to receive that much in funds from people who haven't met him or even know if his name is real.  How do you reclaim anything that way?  I think it's over.  It's entirely possible that he's busy working on it and doesn't feel like posting in here, but I kind of doubt it.  Based on his one post, it sounds like he feels he's already distributed more to investors than he originally took in, so that he doesn't feel obligated to do anything else.

I hope I'm wrong, I've got skin in the game too, but I think it's likely to be lost.