What we can see in the open market sales is easy enough to deal with I think,
& My list of who I bonused contains the vast majority of BAKEWELL shares that went into the wild...
The largest issue is the p2p transfer system that was in the glbse -
Many people got bonus shares, lowering the cost per share down to a point that resale could have made them some profit
and they could have done so at a pricepoint attractive to those who could not buy a block of 100+ shares and likely cheaper than the open market rate was.
The p2p trades have 0 records - I would require cooperation from the glbse to know what happened behind the scenes, and who the final holders of shares are.
While I personally think the above situation had a small chance of happening - the chance still exists.
Should I open a claim system without glbse cooperation - almost anyone can claim they hold some number of shares.
So I get stuck with honouring everyone with a somewhat plausible claim - likely at a huge loss as people come in for free scraps
Or I honour the people who I personally dealt with / made themselves known holders before the fiasco - and that is an ugly can of worms to open (cutting some holders out)
Or I go the route of claiming you had to have considered counterparty risk - the glbse is gone - sorry
Or we hope Nefario releases asset information and we work to then migrate or wind down BAKEWELL
I hate just sitting quiet and waiting, and I really do apologize to my shareholders who may have only interacted with the glbse because of BAKEWELL
I had no clue - everything seemed ok, the community supported it, forum admins were board members, etc etc - I trusted them and I got burned
I have no clue how to proceed.
