I think we would all settle for our initial investment back. Unfortuantely, he's offering less than 20% as a settlement, which doesn't make sense because he won't show a balance sheet and is making people agree to some legalese before sending them any of THEIR money back. He's obviously scared of the lawsuits and must have some assets to lose or is afraid of a jail sentence.
Notice how he has also quit posting and responding to email... I wonder if he's retained a lawer already.
Oh, I meant the USD equivalent. Yes, it sucks, but it's a lot better than getting nothing back at all.
Right now I figure the options are
1) Settle with TradeFortress for the USD amount of my initial investment.
2) Go with the lawsuit.
3) Hang on with the new ownership, assuming TradeFortress goes along with it, and the shares and hope he's not planning something similar.
Personally, the only way I could see sticking with the new ownership is if Inputs.io is elminated and Coinlenders is taken back to the way it was previously, ie, just doing loans, no online wallets. I never liked the idea of Inputs.io, but unfortunately I had my money trapped in a CD when the site was taken that direction.
Only options 2 and 3 provide any chance of recovering the full amount in bitcoins. I don't really know which one is better, really, but I'm inclined towards thinking option 1 or 2 are likely the best available choices here.
