<nefario> [Pirate assets] are not listed or traded anymore

[Atlas]

It's all worthless now. If you were invested on pirate on the GLBSE, you are now at 0 in regards to those assets. Why?

He's going to prison, folks. Courtesy of the SEC. I would of preferred wage garnishment but that isn't happening.

[danieldaniel]

It was supposed to be non-public.  And stop exaggerating.

[Atlas]

It was supposed to be non-public.  And stop exaggerating.

I never got the memo. Anyways, 12 years in prison for securities fraud is typical.

[danieldaniel]

It was supposed to be non-public.  And stop exaggerating.

I never got the memo. Anyways, 12 years in prison for securities fraud is typical.

It was in the email.  Which you obviously know about. 

[beekeeper]

what? why it isnt public?

[yochdog]

what? why it isnt public?

I am also confused.....is this e-mail different that the blanket e-mail floating around from the SEC? 

Did Pirate bid farewell to a select few?

[BinaryMage]

Nefario, can you please provide an explanation?

[Atlas]

Welp, too late now. I just heard this from a distant third-party on the forums so I am clean. Don't try to hold me in contempt of court.

[danieldaniel]

Welp, too late now. I just heard this from a distant third-party on the forums so I am clean. Don't try to hold me in contempt of court.

* danieldaniel holds Atlas in contempt of court

[Undefined31415]

So, will anyone be getting their money back?  .

[malevolent]

So, will anyone be getting their money back?  .

Pirate's lawyers?

[Raoul Duke]

So, will anyone be getting their money back?  .

Would you like your money back before or after he goes to jail? lol

[Undefined31415]

So, he might end up in jail living off at the taxpayer's expense?  .

[MPOE-PR]

Sane people announce some time before not some time afterwards.

[guruvan]

Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

[ciuciu]

Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

Yes, try MPEX run by a romanian pornographer in which 90% of all trades are done on margin.

Good luck with that!

[Atlas]

We can no longer access any of the so called "black market" bonds including PPT.A
so now we can't even sell to the 0.32 wall....  it was 0.32 insured  - where is the insurance now?

Had a chat to Nefario - seems to be a sensible precaution for the time being.  If you needed to redeem the insurance option that should still be possible, but you would need to contact me directly.

Just as an update - I have done an insurance payment today for someone so the system still works.

To be clear, we can't list PPT assets anymore, they are still on our books, and in your accounts, but cannot be put on the market.

If we allowed this it would put us in compromised position.

[pyrkne]

Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

Yes, try MPEX run by a romanian pornographer in which 90% of all trades are done on margin.

Good luck with that!

Hey, there's nothing wrong with being a pornographer.

There is something wrong with a 20BTC (?) registration fee. That can't be good for liquidity...

[Shadow383]

So, will anyone be getting their money back?  .

I thought it's been obvious for over a month that the answer is no 

Sane people announce some time before not some time afterwards.

That's the last fucking straw.

Why would I want to use this exchange for even one more day?

Answer: I don't. I will liquidate the rest of my portfolio there, and use a sane exchange. Like LitecoinGlobal, and MPEx. FFS.

GLBSE is fucked - a board including usagi, nothing but scam assets, and investor miliking assets, and now halting trading on assets, further screwing investors. Nice work Nefario...Thanks - I really appreciate more losses.

Bad enough the assets are global scams, but when you can't count on the fucking exchange not to screw your position, what is the point?

In the effort to keep investors from getting screwed GLBSE will screw investors.

Would you rather Nefario allowed trading in what are almost certainly illegal assets whilst the SEC is already investigating those assets?

If you hold pirate debt your money has been gone since august.
Deal with it.

[JoelKatz]

Would you rather Nefario allowed trading in what are almost certainly illegal assets whilst the SEC is already investigating those assets?

Do we actually know that the SEC is investigating? (Is this the letter from Philip Moustakis?)