This guy has lost contact with reality or is just shitting all over us from the start
He's doing the same stalling tactics that Pirate, Ukyo, Nefario, Ken Slaughter and many others have done. The goal is to get people to forget about the whole thing and continually put off other investigations/legal action. At least he's not threatening to withhold deposits from the troublemakers!
The big difference is here is that everyone knows that the funds aren't lost/gambled away/etc - we can see that the 150BTC is still held here:
https://blockchain.info/address/1CzJY7pVkCqDjUtycHzFgeTTbbWokqYuXoYes, this is a stalling tactic of some sort, however.
I don't think it is a stalling tactic -- it is a mess, just as Deprived described it. Don't forget there are also 260 BTC worth of Ciphermine bonds (plus unpaid interest) to deal with.