Nor did pirate say that he was attending DefCon, he just said he was going to Vegas. For all we know, he may be putting all the BS&T funds on red at the roulette table in a desperate attempt to keep his scheme afloat.
In that case, pirate may be lucky and can prolong his scheme long enough to win his bet with vandroiy.
Or, if pirate loses at the roulette table, he may default on the coming interest payment. The terms of his bet with vandroiy allow for a two-week delay after a missed payment. So by 14 August, the gig is up. Just like pirate already hinted.
(I'm not invested with pirate; I'm just here to enjoy the show)