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Topic: Have Questions about GBLSE Shutdown? Ask Matthewh3 (Unofficial Spokesperson) (Read 7991 times)

donator
Activity: 980
Merit: 1000
I really can't fathom a valid excuse for this course of action.
hero member
Activity: 868
Merit: 1000
I got an e-mail saying I was paid 90% of my BTC in GLBSE, but i got nothing back. Nefario, if you read this, it would be good to send a transaction link or ID along with that e-mail so we could confirm it.
I hope the support e-mail comes up soon so we can solve this.

Funny, because I received the BTC with no email. Maybe they were someone else's and the amount was about right by chance, I wouldn't be that much surprised at this point.

Um, y'all should probably check out the thread in the Securities forum.  Nefario fucked up badly and paid some people twice.
sr. member
Activity: 252
Merit: 250
I got an e-mail saying I was paid 90% of my BTC in GLBSE, but i got nothing back. Nefario, if you read this, it would be good to send a transaction link or ID along with that e-mail so we could confirm it.
I hope the support e-mail comes up soon so we can solve this.

Funny, because I received the BTC with no email. Maybe they were someone else's and the amount was about right by chance, I wouldn't be that much surprised at this point.
full member
Activity: 208
Merit: 106
I got an e-mail saying I was paid 90% of my BTC in GLBSE, but i got nothing back. Nefario, if you read this, it would be good to send a transaction link or ID along with that e-mail so we could confirm it.
I hope the support e-mail comes up soon so we can solve this.
sr. member
Activity: 252
Merit: 250
According to that bitcoin magazine article: http://bitcoinmagazine.net/interview-with-glbses-nefario/ , Nefario was going to start returning funds. Has anyone received their BTC back yet? Or is there a thread already dedicated to that topic?

Edit: Added link

I got my BTC back. No communication about shares recovery, though.
hero member
Activity: 520
Merit: 500
According to that bitcoin magazine article: http://bitcoinmagazine.net/interview-with-glbses-nefario/ , Nefario was going to start returning funds. Has anyone received their BTC back yet? Or is there a thread already dedicated to that topic?

Edit: Added link
sr. member
Activity: 350
Merit: 250
Has anyone heard anything about an exception process for these that cannot log in?

I have been unable to log in using my username or email, and the account reset link is returning an Internal Server Error message.

I've sent an email to [email protected], but have not received a response yet.

Help!
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Nothing returned yet, no reply from their email.

More importantly how are we going to get our shares returned?

Hopefully a balance will be sent to both asset holders and issuers.   At that point, asset holders will need to contact the issuers directly and see what their plans are.  Some will move exchanges and try to re-establish, some with wind-down, some may say "kiss me" and other might do thinks like go pink-sheet.   That will really be up to the issuer, but until people can get a closing balance, it makes that prospect almost impossible with major risk to both parties.
newbie
Activity: 43
Merit: 0
Nothing returned yet, no reply from their email.

More importantly how are we going to get our shares returned?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Hopefully the website will be brought back up with trading and deposits disabled, so people can go in and withdrawal BTC and have an up-to-date account of securities. It would be best for users that way. Sending a bunch of emails requesting deposit addresses sounds much more likely to lead to trouble.

That is quite logical but if it is believe that he was told to shutdown immediately with no return, that might break terms of any deal he has. 

What likely will happen if Nefario is acting in "good faith", he will get the information he request, send all deposit back to their owners with asset position information and send last price and asset holders to the issuers and then announce that the GBLSE has been wound-down and then at the point, people would need to contact the issuers directly and see what the plans are from each issuer.

hero member
Activity: 520
Merit: 500
Hopefully the website will be brought back up with trading and deposits disabled, so people can go in and withdrawal BTC and have an up-to-date account of securities. It would be best for users that way. Sending a bunch of emails requesting deposit addresses sounds much more likely to lead to trouble.
sr. member
Activity: 471
Merit: 252
donator
Activity: 980
Merit: 1000
Has anyone been contacted or refunded? Not me.
full member
Activity: 179
Merit: 100
Think I have dividends in there that I need returning, only a small amount.

That said, I think I have a little faith that Nefario will return what is owed to people - call be stupid, call be an idiot, but believe in giving people the chance to do the right thing - so I will wait patiently whilst it all unfolds one way or another.
legendary
Activity: 1615
Merit: 1000
I guess it would be refreshing for people to get their funds back from a service for a change...
legendary
Activity: 2128
Merit: 1002
I hope Nefario returns our BTC soon. I've got some in there. Will be watching this thread daily. thanks all.
sr. member
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
I also heard from Garr in irc that he spoke to Nefario and that the funds would start being returned today.  It is 8 PM in London right now.  I am not sure what later today means then.

In bitcoinland the rate at which funds "intends" to be returned tends to be inversely proportional at the rate at which those funds are actually returned. And this is without mentioning that the actual devolution of funds use to be a function tending at zero...
hero member
Activity: 532
Merit: 500
GLBSE also states now:

Quote
Update:we will begin processing account closures and returning bitcoin later today.

I also heard from Garr in irc that he spoke to Nefario and that the funds would start being returned today.  It is 8 PM in London right now.  I am not sure what later today means then.
full member
Activity: 367
Merit: 100
GBLSE uses bitcoins... so has nothing to do with america for the part of money laundering, unless they received dollars direct to the GBLSE site.


...

either way FIAT was not dealt with so US or UK wont care..

If Americans were sending funds (value in the form of btc, not fiat), the SEC will care.  If Americans were or complain about being scammed, they will care.  If unregulated securities were being marketed and sold to Americans, they will care.

You (or I) might disagree with them about if their jurisdiction or interest in this matter, but that won't stop them from acting or supporting their counterparts in the UK or elsewhere in action.

And they'll be able to sell their involvement pretty easily to most people with the 'terrorism' word (which seems pretty nutty to me) or money laundering concerns (more plausible).

I don't like this any more than you do, but the idea that the US, UK, or other nations won't intervene or care is likely wrong.
member
Activity: 69
Merit: 10
a big question mark
The phone number is correct. I know because I just gave him a call (Cool), and he said users funds will be available ~six hours after he wakes up.

https://bitcointalksearch.org/topic/m.1254986

Let's see if there's any further information goes up about claiming funds in the next 12 hours or so.

Hummm... sounds like Nefario's in a deep sleep mode...

Well, I'm not too worried after all I didn't have much in GLBSE and knew it was risky business.

If, on the other hand, I was Mr. James McCarthy... had my personal details splattered on the web after running away with a few thousand BTC... then maybe I wouldn't be able to sleep, coz someone might come-a-knockin...
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