Bitcoin Forum

[16:47:25] chrisrico and/or he was ordered to do so by a court
[16:47:27] shareholder1 ^^^
[16:47:34] shareholder2 if it’s a court, i would understand
[16:47:39] nefario let me answer shareholder4
[16:47:45] nefario chill for a second guys
[16:47:50] shareholder1 hes being lent on to gather as much user data as possible
[16:48:01] nefario shareholder1: no thats not it
[16:48:04] shareholder2 if it’s just he is “worried” because of talking to a lawyer, i do not understand shutting down everything and requesting IDs
[16:48:08] nefario shut up for a minute
[16:48:11] nefario and let me talk
[16:48:15] nefario shareholder4
[16:48:19] nefario I started and ran GLBSE
[16:48:29] nefario bought all the servers and stuff etc. using my card
[16:48:34] nefario I’m the face of GLBSE
[16:48:55] nefario this also means that I get fucked for GLBSE’s mistakes
[16:49:16] nefario so to answer shareholder4’s question
[16:49:37] shareholder1 wtf did you not use bitcoin ?
[16:49:45] theymos You used shareholder money to start GLBSE and paid yourself ~250 BTC per month plus 24% of dividends. GLBSE belongs to the shareholders much more than it belongs to you.
[16:50:03] nefario I WAS THE LARGEST INVESTOR OF GLBSE
[16:50:06] shareholder2 so let’s change the face if our face suddenly got worried after 1 1/2 years and decided to close it down on a whim and request IDs
[16:50:15] shareholder2 nope
[16:50:20] shareholder2 we were larger than you together
[16:50:32] nefario shareholder2: re-read what I said
[16:50:38] chrisrico you were the largest single investor, yes, but that doesn’t mean much of anything
[16:50:43] shareholder2 just saying you do not own it
[16:50:50] nefario I didn’t say I owned it
[16:51:05] shareholder2 ok. then retreat and let us handle things as we see fit
[16:51:12] nefario not possible ::)


There is more and I'm still a newbie so I can't post this anywhere else. As far as I see it I think NEFARIO got a knock at the door. Nef has purchased all the equipment with money that can be linked to him and that is why he needs to shut this down. The other members want him to step down and let them run it with out him. He wants their Identification to do that and they wish not to issue that info. However the equipment is bound to NEFARIO.

That should be the short of it. Maybe the Good old boys are coming to shut this down soon? Who knows......

This is so exciting....  

You mightn't be able to post elsewhere but you can certainly read the rest of the forums.  This log has been posted and discussed elsewhere on the forum and even before that happened the other BG shareholders were talking about the grounds on which Nefario was trying to justify his actions.