I donated, and so far I have no problem with all this. Maybe there's some fraud, but I see no evidence of it at this point. It seems to me there were two mistakes made so far:
1. Setting up the fund in haste in the first place without considering any possible tax implications. Perhaps there is still a work-around. But if not, there will be some funds wasted to cover this, and it would seem reasonable to hold some back for that purpose. Too bad. **** happens. At least they meant well.
2. Someone filed a pre-emptive lawsuit, making all this public record, before simply sorting it all out. This indicates a serious lack of trust, and possibly a bitter business break-up, between the Cyclismas parties. Someone played hardball filing the lawsuit, and the other doesn't appear to trust that person enough simply to hand over the money without assurance that the tax liability is covered. This is totally normal when lawsuits are filed - people get p i s s y.
Filing a lawsuit is flat-out dirty pool and stupidity if it turns out that there is an innocent explanation as above. It is a scorch-the-earth tactic that undermines the credibility of the entire venture. A PR disaster - who wants to listen to Fran F***ing Millar gloating? Who the **** is advising these people?
It strikes me as highly unlikely that someone who posted in the manner of "UCI Overlord" would immediately turn around and be guilty of the same crimes he stood against so publicly, all over a measly $10,000. On the other hand I only read a few of his posts and maybe I have too accepting a view of human nature.
I would donate again if necessary.