If he dont live up to the minimum standards we set, then we all join together and start a single lawsuit against Ukyo, i cant really see that there should be any mayour cost involved in starting a civil and/or criminal case against Ukyo as it should be pretty simple and clear case(he borrowed money and hasent payed interest accouding to term and he hasent payed back the principal either to those that requested there shares bought back) and it should lead to that we get lien on all his assets of any substancial value and all his future incomes(except for some minimum needed for food and such) that Jon Montroll has for the rest of his life or until he has payed back the entire loan.
If Jon Montroll realy wanted to, im sure it wouldent have been impossible for himself, possibly with the help of his relatives to go get a loan for 800k/1.2 million usd(@ 400-600 usd /BTC) that the value of 2 000 btc has been around the last months and he could have had the entire loan paid of a long time ago.
Its true that its possibly easy to get him sued for his loan. But i doubt that there are assets of any substantial value. Future incomes ok but rest of his life wouldnt be correct too. He simply would need to file personal bankruptcy and thats it... for one year he would have to pay and then the rest of the debts are deleted. No chance at all to get the rest back anymore.
Im not sure what family you have but a loan for 1.2 million usd? I know nobody that could make this possible. And why should a family do this anyway? He is american... not some tribal citizen where debts could be a honor threat to a family. His family would flip him the bird if he asks them to get indebted that high because of some random internet guys.
But try it... judging from the amount of the size of the debt of ukyo loan i dont see that the cost of a lawsuit... yes, you would have to pay lawyers... would be worth the return. But maybe im wrong and he has some property somewhere. I only doubt it.