[stormstarter28]

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C) When the trade was accepted, trade offerer IMMEDIATELY gave a WTF and objected to the trade, and stated he had absolutely no intention of making the trade at the current time. I feel this should have some say in the matter, especially in a league with friends.(Although granted, there is money on the line, additional money on the line between the 2 teams.)

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This makes no difference. With money on the line and the trade on the table, I'm taking it, even if it makes me look like a douche. He knew the trade had to be withdrawn, and he didn't withdraw the trade. End of story.