Topic: Nefario - page 92. (Read 198705 times)

Has the Silk Road had any major controversies, other than whether or not to allow the sale of firearms? Maybe more bitcoin businesses should be taking lessons from that one...

He deserves the "King Of Scammers" tag since more or less made all the other ones possible.

A couple of things you can do.

Dont register a domain or a server using credit cards or the like.
Use a fake name.
Dont tie your physical self to the exchange in any way.
If youve done this with litecoinglobal shut it down and migrate to the system i mentioned above.
This is bitcoin

It just gets messier with the hour...

i can t believe, that he wants to pay a lawyer with the shareholders money !!!
It would be completely different if he would have incorporated GLBSE proper...

GLBSE with Nefario will never gain trust back, also this will have a bad impact on all the mysterious ASIC developers...

Interesting. So most of the money is invested and securityowner took the bitcoins out. That means it wouldnt work well as a scamproject.

I hope this goes well.

I am researching options.  Wish I could move faster, but I need to have a solid business plan which includes an examination of the legal issues.  I'm not going to prison over anything BTC.  

Now this is something I can act on. It also shines a new light on previous activites, but that's mostly speculation so I'll leave that for a later time. These are all clear breaches of contract, and several laws for that matter. Nefario doesn't own the company, the shareholders own part of it as well. He shouldn't do this without their consent, especially without even giving them a say via shareholder vote or to amend the bylaws.

I'm talking to theymos for verification of a few things (bylaws, ToS, Nefario's statements), so if anyone has something to say that could affect my ruling, it should be done soon.  

He didn't inform me. He illegally spent GLBSE user deposits with the expectation that he would replace this money from the BitcoinGlobal treasury later. Which he's unfortunately correct about -- I can't withhold the money from him when this means that there won't be enough money for GLBSE users.

But GLBSE doesn't have a lot of money (only about 600 BTC IIRC). If he continues paying for stuff, this money will run out.

Unfortunately, intelligence doesn't usually equate to integrity...

-- Smoov

This.

Seems more likely he's mentally insane and thinks he's hearing messages from "the government".

BURNSIDE! COME SAVE US!

Man... this ongoing crashs and scams move bitcoins more and more into a bad light. I mean scammers dont care... but its a nuisance.

Regarding the stock exchange... if its really illegal to run such thing even when its so small then what could have been done better? I mean when you have a website there is a trace. And SEC could follow it. How should this be protected?

On the other hand... anonymity is scammers best friend too. So when the owner of such platform runs away and no one knows who he was... its even worse than now.

And i dont believe that SEC has to crack it down. I mean its small. If bitfountain wouldnt have glbse they would have sold their shares simply at their own website. Would that need the SEC to be involved? I doubt it. Am i wrong?

I dont understand nefario. Its saturday now but why could he have said a word before? Maybe because he wanted to speak with the shareholders of glbse before? Then again i dont see why he wants to shut it down completely and so not allow to let it live.

He is using the btc for paying lawyer? If thats known... why isnt known why he needs the lawyer? Is this completely managed over the net where no one knows the other?

If nefario only wants to give out shares to identified persons... i think a lot of btc wont be taken. So at the end nefario maybe would be a rich man. At least he starts to take the money for his purpose.

At the end i think i could be lucky maybe. I had 1255 asicminer shares and 0.6btc. And asicminer wants to build a own shareplatform once glbse is dead. But for that at least they have to know the owner of the shares and how much they own.

*sigh* Why didnt i take a look before who nefario refers to? After pirate at 40 i could get this idea...

@Theymos

You said you are managing the cash reserves... so why did you allow that nefario take money for lawyer from there? Or what does this "manage" include?

He hasnt sent the bill yet

Nothing is ever that black or white.

It is interesting, with that I agree. I was mistaken though, Dr. Nefario wasn't the main character, he was just the henchman...

And the fact that he aligned himself with a nefarious character shows something too.  I'm just stating an obvious curiosity.  Maybe it's just a coincidence.  The same coincidence as a "pirate" stealing your money?

It was originally Doctor Nefario, as in the main character from Despicable Me...

Was I the only one who was reluctant to do business with someone who calls themselves by a version of the word Nefarious?

Definition of Nefarious: extremely wicked or villainous; iniquitous: a nefarious plot.

That's true, but he told us this in the meeting. Even those that agree with Nefario's actions could testify to this.