He may be a few days late with payment
What would be the cutoff between a few days late and really late.
He stopped withdraws on Friday. So we are aproaching a weak late. BTW that is another 35K BTC ($350,000) more which is owed to investors relative to what he owed if he paid everyone back on Friday.
If you were racking up debt on a closed down operation at the rate of $2,083 per hour wouldn't you be working through the night to get everything paid down as quickly as possible. Even if you couldn't pay everyone if you paid half the money back you would save over a thousand dollars an hour. Another way to look at it is in the last 6 days he has paid back a staggering sum of 100 BTC and his obligations have grown by a mere 30,000 BTC. So he owes 29,900 BTC MORE than when he shutdown.
So just wonder when it is no longer a few days late. Feel free to express your answer in either weeks or hundreds of thousands of additional BTC owed.
I still don't understand why he would be paying interest still if the operation is officially shut down? If he is 5 days late, and doesn't pay interest on the BTC he just sent back to their owner, do you think the owners are actually going to care enough to ask for the interest? I would bet (Not literally) that most of the people just want their final balance cashed out, they aren't really expecting to still be making money off of the whole thing.
then again, I hold no investment in pirate, so I haven't seen anything going on first hand, but most people would just seem to be relieved to get their $ back at all.