For wotshisname? Nothing. He's running a private lifestyle company, notionally public in Cyprus, as you correctly point out, taking about a mil out every year.
For 10,000 mums and dads - they've lost everything.
What's the worst that can happen out of this court case?
ISXFU never lists, and all the investors other than insiders never get anything back on their investment.
But, aside from that, nothing.
It's all good, bro.
SP1 Price at posting:
$1.07 Sentiment: Sell Disclosure: Not Held