Actually, I was talking about certain illegal images that he was said to have posted which should be deleted. The other issue, yes, posts should still be there.Personally I think the wasp posts should be there and highlighted along with a full synopsis of what went on to warn other people of similar schemes going on right now.
In the case of wasp and with so many others - although illegal - his initial intentions were no-doubt honourable. He thought he could make money and wanted to leverage other peoples so that he could make a living from it himself while returning them a decent profit. I'm pretty sure there was no bad-intentions at the start.
However things started to go wrong, and unable to admit his losses to his investors started to doctor his statements & P/L eventually leading to bankruptcy proceedings and a slap from the FSA.
It's actually very hard to get this information from the T2W forums. I think it should be there in the beginners forums...