Nefario

[dishwara]

I hope Theymos answer this.

https://bitcointalk.org/index.php?topic=118354.msg1285230#msg1285230

[mila]

I hope Theymos answer this.

https://bitcointalk.org/index.php?topic=118354.msg1285230#msg1285230

Theymos told people to not send back to Nefario!

not kidding...

url to post or it did not happen

[ab8989]

If the lawyers advice is something like that "everything you have been doing is illegal in one way or the other and these are the details why" I am not sure I would want that opinion in writing. What good is that going to do? On the opposite, if somebody finds that paper that could be very bad news to me. I certainly am not going to tell people that I am not 110% sure that they are not going to leak the details into the whole internet to see to get hold on that kind of information that could be very incriminating to me.

On the other hand if there would be other individuals that A) could be in the same legal trouble, and B) seem to worried about that possibility and would like to know the details to maximally cover their ass, I would be somewhat morally obligated to tell them some of the highlights, privately to these few trustworthy and concerned individuals only after letting them to swear never to tell this information onwards.

To me it seems that the other shareholders are not in the same trouble because it seems that a lot of cases where the individuals are somewhat anonymous and in different jurisdiction than where the "crime" might have taken place, it seems that they escape any kind of repercussions. Another point is that it seems that they agree and are not very concerned about this possibility, on the contrary, they want to continue do the business.

If the business continues, it could very well mean that nefario is in bigger legal trouble than he already is and it seems that the other shareholders seem not that concerned that the actions they want to take might severly hurt somebody legally, to me these circumstances sound like that the morally right thing to do is to follow the lawyers advice and shut up and stop doing the crime that you have been doing.
  

[dishwara]

I hope Theymos answer this.

https://bitcointalk.org/index.php?topic=118354.msg1285230#msg1285230

Theymos told people to not send back to Nefario!

not kidding...

url to post or it did not happen

https://bitcointalk.org/index.php?topic=118354.msg1283157#msg1283157

[mila]

Theymos told people to not send back to Nefario!

not kidding...

url to post or it did not happen

https://bitcointalk.org/index.php?topic=118354.msg1283157#msg1283157

thanks.

[Smoovious]

I wonder what the legal status of an essentially anonymous shareholder is, in the first place.

Nefario is correct about Nefario=GLBSE... as, from what I read, he is the only one who stepped up with his RL identity to run the company. Therefore, as far as the law is concerned, wouldn't he be considered the only owner?

His name is on everything. Even if he sold off all of his interests, everything is still in his name, and as far as the law is concerned, he's the one responsible.

Now, if the other shareholders wanted to step up and put their own identity on the line along with him, then they also are entitled to the representation, and consideration about the company.

The atty would be correct in not speaking with anonymous shareholders.

It is easy to heckle the guy with his freedom on the line, when you're sitting in the cheap seats.

Shareholder2 is particularly an idiot it seems. Realities escape his logic.

-- Smoov

[muyuu]

Reading the shareholders' meeting chat log in disbelief.

He went from explaining in the conference how GLBSE was legally impossible to attack and how there was a contingency plan and others had the code and passwords to run the site, to this:

[05/10/2012 17:28:29] <nefario> I won't be giving the server, domain, db or anything to anyone else
[05/10/2012 17:28:39] <nefario> I am shutting down GLBSE

Fucking appalling.

Where is my email?

[senor_coconut]

Reading the shareholders' meeting chat log in disbelief.

He went from explaining in the conference how GLBSE was legally impossible to attack and how there was a contingency plan and others had the code and passwords to run the site, to this:

[05/10/2012 17:28:29] <nefario> I won't be giving the server, domain, db or anything to anyone else
[05/10/2012 17:28:39] <nefario> I am shutting down GLBSE

Fucking appalling.

Where is my email?

Be careful what you ask for...

I got _just_ the email.

Maybe ask for your BTC first...

i have no comments on this unbeliveble hyperclusterfuck...

btc is a nice progressive concept with great potential.
like, say, nuclear power.

problem: it's being handled like chernobyl

[paraipan]

...

problem: it's being handled like chernobyl

^Made my day

[repentance]

He went from explaining in the conference how GLBSE was legally impossible to attack ...

Seriously?  LOL.

I wonder how many guests from regulatory authorities were at the conference.

[matauc12]

I just assume Nefario is acting in bad faith untill I see something official from the lawyer.

And what would actually be the difference? That you believe you could get prosecuted or that you are advice that you are subject to prosecution pretty much calls for the same course of actions. And if he were to get legal actions from the SEC or similar entities, the fact that he unknowingly (which does not make you not-guilty) committed a crime and ceased operation when he got enlightened (with advice or not), would go in his favor big time, especially considering the crime itself was one with no permanent damage.

If you like taking that much risk, just go to high rollers section of casino and sign your bank tab and go all in.

The guy took a decision to put his life out of the cross hair. Not for greed, power or reconision. If it were for those reasons, people would not see those bitcoins in their wallets right now.

[Bitcoin Oz]

I just assume Nefario is acting in bad faith untill I see something official from the lawyer.

And what would actually be the difference? That you believe you could get prosecuted or that you are advice that you are subject to prosecution pretty much calls for the same course of actions. And if he were to get legal actions from the SEC or similar entities, the fact that he unknowingly (which does not make you not-guilty) committed a crime and ceased operation when he got enlightened (with advice or not), would go in his favor big time, especially considering the crime itself was one with no permanent damage.

If you like taking that much risk, just go to high rollers section of casino and sign your bank tab and go all in.

The guy took a decision to put his life out of the cross hair. Not for greed, power or reconision. If it were for those reasons, people would not see those bitcoins in their wallets right now.

His actions dont align with the things he is saying/not saying. Now the customers have to suffer.

[senor_coconut]

I just assume Nefario is acting in bad faith untill I see something official from the lawyer.

And what would actually be the difference? That you believe you could get prosecuted or that you are advice that you are subject to prosecution pretty much calls for the same course of actions. And if he were to get legal actions from the SEC or similar entities, the fact that he unknowingly (which does not make you not-guilty) committed a crime and ceased operation when he got enlightened (with advice or not), would go in his favor big time, especially considering the crime itself was one with no permanent damage.

If you like taking that much risk, just go to high rollers section of casino and sign your bank tab and go all in.

The guy took a decision to put his life out of the cross hair. Not for greed, power or reconision. If it were for those reasons, people would not see those bitcoins in their wallets right now.

Seems he only paid out a few token small accounts twice and then quit paying.

We will need to see if he pays out the rest.

I'm getting very, very tired of reading posts justifying James' actions. They're not even funny.
He was in business to make a buck and people who are making a buck have responsibilities. Period.
Then he decides to close shop suddenly and unilaterally, taking everyone's money with him and rendering assets worthless.
[He could've closed shop and let everyone take out their money, assets could've been dissolved as well into BTC at current value.]

Now he's redefining the term clusterfuck so deeply arms manufacturers might hire him as a designer.
[This will, of course, literally explode on their faces.]

But still, people stand up for him, incl. people that have lost btc over this and probably will never get them back.
Wtf?

I'm a positive person but... Goat, I bet we won't see any of that.
Well, maybe something... but all in this schizophrenic, double-or-nothing, highly entropic way.

[drrussellshane]

LMFAO

his username is "nefario" for fuck's sake!

Surely he wouldn't try to pull something "nefarious", would he?


lololololol

[conspirosphere.tk]

LMFAO
his username is "nefario" for fuck's sake!
Surely he wouldn't try to pull something "nefarious", would he?

Surely he would have behaved better if his nick were "Santa Claus". 

[Phinnaeus Gage]

LMFAO
his username is "nefario" for fuck's sake!
Surely he wouldn't try to pull something "nefarious", would he?

Surely he would have behaved better if his nick were "Santa Claus". 

No, but if you indicate that you revere/respect/admire "evil", you already have a moral compass that is a few degrees off.  If you use that as a professional monicker, it demonstrates that you have a poor perspective as well.

While I would say "Santa Claus" does not signify positive or negative bias, "Nefario" does at least mildly signify a negative or destructive bias.

Unless you've been goxed or zhoutanged, that is.

[Yolocoin]

You're all now mincing names on a forum that gave about $5 million USD to a guy named "Pirate."

[LoupGaroux]

You're all now mincing names on a forum that gave about $5 million USD to a guy named "Pirate."

And Phinnaeus is carrying on like a man with a 20" iron bar through his head.

Stop it. James is just the next little rip-off artiste to arrive in bitcoin land. The sad thing is that he represented something that might have actually served the bitcoin economy in a positive way, but he fucked it up. Let's frace it, the only real reason for bitcoin is to score drugs on Silk Road, anything beyond that is just some long con that hasn't been played out fully.

[matauc12]

I just assume Nefario is acting in bad faith untill I see something official from the lawyer.

And what would actually be the difference? That you believe you could get prosecuted or that you are advice that you are subject to prosecution pretty much calls for the same course of actions. And if he were to get legal actions from the SEC or similar entities, the fact that he unknowingly (which does not make you not-guilty) committed a crime and ceased operation when he got enlightened (with advice or not), would go in his favor big time, especially considering the crime itself was one with no permanent damage.

If you like taking that much risk, just go to high rollers section of casino and sign your bank tab and go all in.

The guy took a decision to put his life out of the cross hair. Not for greed, power or reconision. If it were for those reasons, people would not see those bitcoins in their wallets right now.

Seems he only paid out a few token small accounts twice and then quit paying.

We will need to see if he pays out the rest.

I'm getting very, very tired of reading posts justifying James' actions. They're not even funny.
He was in business to make a buck and people who are making a buck have responsibilities. Period.
Then he decides to close shop suddenly and unilaterally, taking everyone's money with him and rendering assets worthless.
[He could've closed shop and let everyone take out their money, assets could've been dissolved as well into BTC at current value.]

Now he's redefining the term clusterfuck so deeply arms manufacturers might hire him as a designer.
[This will, of course, literally explode on their faces.]

But still, people stand up for him, incl. people that have lost btc over this and probably will never get them back.
Wtf?

I'm a positive person but... Goat, I bet we won't see any of that.
Well, maybe something... but all in this schizophrenic, double-or-nothing, highly entropic way.

I am not seeking to defend him as much as pointing out to people that they are crying about the wrong shit.

See the post I quoted.... like wtf... who gives a damn. Bit coin.me would be a happy camper if he had a lawyers signature on paper? No... just anything and everything to attack someone. Attack him for what he did, not for what he didn't do or what PEOPLE WOULD HAVE DONE THEMSELVES.

[dishwara]

See the post I quoted.... like wtf... who gives a damn. Bit coin.me would be a happy camper if he had a lawyers signature on paper? No... just anything and everything to attack someone. Attack him for what he did, not for what he didn't do or what PEOPLE WOULD HAVE DONE THEMSELVES.

All this happening in this forum is due to the reason this forum directly deals with money.
And that money is not all earned, but mined & no one to control.
So from a 10 year old innocent child to 70+ years experienced business man telling their points & views, which will create attacks.