Suppose I'm a big depositor to bitcoinmax, and suppose I'll go to any authority about this matter (because I'm ignorant and optimistic, does it matter?). It would be easier to say I deposited money with BTCS&T if I know that pirate has my name. Even better if pirate acknowledged it.
I understood what you were getting at. And it, like many others here, is a good point. It's really frustrating not knowing what exactly his intentions are and if he is being honest and trying to do things legally. And if we assume he is then we could really use some legal council in this arena. I've been watching TX for banckruptcy notices and as of this morning have not seen one yet.
Still, my gut tells me, just like it did to keep my coins out of it, that he is making it up as he goes along. :/