Could you link me to the posts/screenshots where Livecoin offered a fair method of resolution and the user disagreed? If Livecoin, in good faith, offered a reasonable settlement, then it's definitely izooomrud's fault for not taking the settlement.
Proposal of the exchange and user's response.
-snip-
I don't know what LiveCoin offered in private, but I don't think that a reasonable settlement is "Your fault for buying a coin that we can't properly support, now go market sell it at a loss to some other sucker and withdraw your BTC".