sorry but again this is not the main issue, the main issue is the misleading of the Israeli bitcoin community after the 6 founders (most of them from the Israeli bitcoin community) together agreed to make a multi sig and than after a month Dan refuses and lost the trust of the team.
but this was long ago, its a real shame that nobody let you guys know.
the other problem is by misleading you guys by not telling you that the second phase was a colossal fail and no firm accepted Isracoin.
the thing you should ask yourself is why didn't  you know about all that and thought that everything is ok when most of the Isracoin team and the Israeli community have long left the ship.
the american guy behave and try to treat the public and the community like an asshole.
the problem is distrust in the guy that hold now the 400M coins, this is the reason that there will probably be a true Israeli coin soon.