In this particular instance, the regulators absolutely can. If the CEO is failing to discharge their duties, they will be disposed of as a company officer, and a new officer will be installed, who can get access to bank accounts and other resources (websites, domains, taxes) backed by the force of law. Not going to regulators is what wil lead to an irrevocable failure in this instance, but it appears the volunteers have already resigned to that fate.
I find rather suspect that the CEO registered a private company with a name similar to the non-profit they already run. I don't have full context, but that alone sets off alarm bells for fraud and/or self-dealing: I'd definitely contact oversight on that basis alone, if I had standing.
There's certainly things I find suspicious about this CEOs actions, I won't deny that. I'm still not going to contact law enforcement about strangers on the Internet.
You're conflating negligence/dereliction of duty and bus-factor-of-one here, while Fosshost suffers from both, they are not the same thing.
Regulators can absolutely solve the former, but not the latter. The volunteers can solve the latter, but only after the former is resolved. I don't see why you assume why a new CEO would resist relinquishing all treasury duties.
I appreciate the distinction, but they're certainly related. We can see that because we can achieve the same result with a bus accident as with dereliction, and that addressing the dereliction without addressing the bus factor will result in a repeat of the problem.
> I don't see why you assume why a new CEO would resist relinquishing all treasury duties.
I don't, that was a thought experiment to illustrate the point that addressing the dereliction does not address the root cause.
I mean, they can be held accountable. That's what law enforcement is for, to hold these people and firms accountable.
I think we can all agree that empirically, this single point of failure plan didn't work.
I think you're assuming an ideal, spherical organization, in a vacuum (as the physicists say). In other words, you're assuming that you can "just" structure your organization such that there's no single human point of failure, or that you can remove that point of failure without legal intervention. Which... well, you have to prove that!
That being said, I do have a lot of ideas about this, which I am hoping to test by starting a company when I have the means to do so, and if you'd like to fund me, my email is in my bio. (/s)
Do we actually disagree? The way you kinda derisively said "the gubment", and how previously you said I had "nice sentiments", makes me think maybe you don't like how I've expressed myself or that I'm reminding you of other ideas you don't like?
I doubt you'll agree with me after reading those either, but I think you'll find it isn't a hardline stance.
I'm obviously not in favor of theft and am in favor of public goods. I think that should be pretty clear from my comments.