http://www.abc.net.au/news/2016-04-11/australian-bitcoin-exchange-igot-on-verge-of-collapse/7315894
Watch the embedded video to see what has been broadcast.
DO NOT ATTEMPT TO USE THIS EXCHANGE AS YOU WILL MOST LIKELY NEVER SEE YOUR FUNDS AGAIN.
If you're already embroiled in the web of broken promises and lies that characterises everything Rick Day does, contact the relevant authorities and lodge formal reports about what money you're owed.
That is not a serious expose at all. It's nice to get some coverage, but they took the claim that it is a temporarily, new problem at face value when there have been people saying they can't get their coins or cash for like a year.
Okay maybe "serious" is the wrong term. I'm attempting to convey that it's coverage focused directly on the problem the many iGot customers are facing, as opposed to a general overview of Bitcoin exchange problems where iGot's simply mentioned in amongst the dozens of other failures that have occurred. I don't think they took the claims 'Rick Day' makes of it being a temporary issue at face value. The reporter did push him reasonably hard on the phone call, but there are limits on what a media organisation can do. I think it will take everyone affected to really ramp up their reporting of inabilities to get their money back to the various authorities that will bring greater awareness.
It's amazing (to me) that there are people that would send bitcoin (or even fiat for goodness sake) to an exchange with out doing a basic check of Bitcointalk or Reddit first to see what others' experiences are. However there are many naive people out there unaware that crypto is (mostly) still unregulated. And it's these new people that are still being trapped in Rick Day's web and that's a travesty for these people, Bitcoin and crypto in general.
He's clearly a very dishonest and shady operator and if you're reading this 'Rick' you're damaging this industry and causing untold grief for many people that put their trust in you. Come clean and fix the mess you've created.
I'd say that as soon as his ASIC chips are delivered, he'll be able to sell them and return most the moneys borrowed from the exchange minus what he'll report hacked 18 months from now à la Cryptsy via an "Oopsie!" blog post.