We really have no other choice. The state of bitcoin securities is a mess. You can't get blood from a stone. Either ukyo's new project will work out and people will get their coin back, or he will end up declaring bankruptcy.

You are basically just giving your money away if you invest in bitcoin securities.

I've just been watching, waiting for Havelock to get shut down. I'm surprised they are still around.

Where are all the lawsuits against the securities exchanges from people who have illegally lost money on them?

If you are an unregistered exchange and you are accepting money for an unlicensed, unregulated, unregistered security like NeoBee, you are complicit. I'd be very very wary of keeping your bitcoin anywhere but your own wallet. At least until there are real, regulated securities exchanges out there.