Thanks Brandon. For the record, being one of the members of the league in question, most guys weren't looking to string you up or vilify you. In fact, there was quite a bit of genuine concern for your well being. It was, as is often the case, the absence of anything tangible where imagination starts to fill the void. It goes quick form wait where's the money? to holy shit did we just get robbed? And with no answer it gathers steam. Too bad you weren't able to say this sooner it might have saved a lot of unnecessary drama.
For my own part, I didn't much give a shit about the money (though of course I did care about the principle and I will graciously accept the refund) but was more bitter about my time investment. Putting all that effort into a huge league like this to have it implode was way more a kick in the nuts than the $ to me.
Take care man.