I'm afraid this whole thing is _really_ going to hurt Bitshares' reputation (it certainly has in my mind, even after reading that Stan is not truly speaking for Bitshares) - I suspect the appearance of endorsement-by + partnership-with 'Bitshares', through Stan, has been a big part of a lot of people getting sucked-in by this.

I think it'd be _really_ good+important for whatever person/group is able to truly represent 'Bitshares' to come out with some very clear and very public statements completely distancing yourselves from this (and ideally also denouncing it as the clear scam that it is), if not just for Bitshares' reputation, then for all the people who you might still be able to prevent from losing money to this scam through the right action.