Blazed, who was handling a multisig escrow for an
ICO project, that allegedly disbursed some money to the founders (although the exact amount is apparently in dispute), as per the terms of the ICO, however there is an alleged near unanimous consensus (including by those who would normally receive disbursements if the ICO had been successful) that investors should be refunded from the BTC held in escrow.
There are two other escrow agents, handling the escrow that should have been held in a 2-of-3 multisig address, both of which are on his trust list, MinerJones, and extortionist Lauda.
In addition to the apparent dispute regarding how much money was released to the founders/creators of the coin, the escrow agents are apparently engaging in stall tactics in releasing the Bitcoin back to investors.
There was over
3,000BTC raised as part of the ICO, and although some of the money has been released, based on available information, there is a lower bound of 1,400
BTC held by the escrow agents, which is $3 million based on prices at the time the ICO was complete. Although the current valuation is much higher. Some investors are claiming there should be an additional ~1,000
BTC held by the escrow agents that is unaccounted for.
There are disputes in regards to the amount of money being charged for the escrow fee, and the status of the forked coins.
There are allegations that some of the bitcoin was sent to an exchange to be used for speculative trading.
Although signed messages have been requested (by the signing keys that can sign a transaction), none have been provided to even prove possession of the claimed coins being held.
Blazed has not commented on the situation in the past month.
I would propose that Blazed be removed from DT1 while this issue plays out.
More information regarding the allegations of impropriety can be found
here.