He'll never say it, but it was possible future issues with the SEC. He got legal advice on running the exchange and then, bam, a month and a half later it's gone.
of course the lack of compliance was a big issue.. that's why Burnside had caveats all over the website saying "this is just a game, everything is virtual" etc... of course we all knew that, legally those caveats didn't hold water, but that didn't seem to worry Burnside until shit hit the fan and people started talking about bringing in the authorities....
as you say he probably got legal advice that said something like.. "you may be complicit in facilitating the scams if you keep offering un-vetted securities."
I think if CreativeX/Eric was going to do a runner he would have moved the miners onto a different bitcoin address because all transactions from Our bitcoin address can be tracked. .. the fact that we are still mining gives me hope that he has just buried his head in the sand and can't deal with all the Investor backlash.
I might do some analysis on the payouts and see if the additional 800GH has been deployed yet.
last time I checked we had about 220 BTC 1200 NMC and 1000 or so Litecoins... given that all cryptos are skyrocketing.. I'd love to see him come back and cash in some of those lightcoins to buy some more
AMD Cards Litecoin miners....