It's clear he does have liquid assets. He's just unwilling to spend them (Yet).
My patience is running short, and so is that of many of us screwed over by this "hack." I'm starting to change my stance over not pursuing legal action and while I comparatively had very little in, others had a lot to lose and will be more than willing to extend this to its final conclusion.
I'm curious as what were his exact words, though. Was he just shamelessly not worried about using that money to pay out his debt?
Unfortunately for TradeFortress, the incredibly opaque nature of his handling this whole fiasco is only putting off the inevitable. It's beginning to look like legal action will be necessary, and will happen. I'd be surprised if some weren't already pushing for investigations at the regional level. His smugness throughout sure has not helped my attitude towards him.