Some lies by Lyford:
We are only listed on our own exchange at the moment because no one else has started to list us whilst we are still in the ICO phase. We expect this will change in the future, but it is really up to third parties. Our wallet is available for anyone to use and add to their exchange on github since our change over to POS. Our shares were previously available on c-cex but users on their system were involved in a hack to our blockchain, which meant that they had to be moved over to our own exchange for security purposes. – source
C-CEX wasn't involved in any kind of hack. Lyford wanted to stop trading there because he couldn't manipulate the price. Chat logs prove this very clearly.
For clarification we have never sold our crypto based banx shares to anyone publicly, hence the reason we are selling to private investors. All Banx for sale on exchanges are people selling their own shares. – source
Lyford sold Banx Shares in C-CEX himself. That is public selling. Chatlogs prove also this without any doubt.
Apparently Lyford was knowingly breaking the law when he sold Banx Shares in C-CEX. It wasn't any unfortunate business mistake. In this video (recorded 18th July 2014) he tells his investors that public selling is not permitted.
Shares were sold on C-CEX from October to November in 2014. It was Lyford who did it, chatlogs prove it.
@marklyford, do you want to comment this? Did you broke the law when you sold shares in C-CEX?