What happened after the btct.co shutdown?
Were the dividends paid directly to the correponding btc addresses?
Yes, I received dividends for about six weeks and then the fund was insolvent. The fund owned a boatload of Ciphermine but it was worth virtually nothing. Until the Ciphermine starts trading again no one has an idea of what the fund is worth.
The fund didn't become insolvent and Ciphermine bonds didn't become virtually worthless. Ciphermine bonds are still redeemable for face value, but doing so invokes a 3 month waiting period during which dividends are waived. So it was decided to wait for Cipermine bonds and DMS to relist elsewhere.
However, in while the CipherTrade exchange is now in beta preparing for launch, Deprived has not shown his face on the forums in months.