I will try to find that link and post it here I believe 200 BTC is a ridiculously high amount and no1 should be able to steal that much that easily.
and for a coin to fall from 8k + sat to what it is right now , there is no doubt to me the dev bought coins himself and dumped them when his BTC ico was released by C-cex.
At some point C-cex making it easy for all these scammers to get away that easily will find themselves in trouble.
There is no doubt the dev team bought the coins themselves and then dumped. The big dump falls right in line with when the funds were released. The plug was also pulled on the seed nodes and the block explorer at around the same time. Also, the delete bot stopped.
It's high time that both Yobit and C-Cex makes these devs show to them their real identity, before listing. That may not be a solution though, since we all knew who the developers of XPY were. This scam is small potatoes compared to that boondoggle.
What I dont understand is how C-cex doesnt react to such an irealistic dump happening right after the ICO probably from the same account.
They could very well use their logic and understand the scam when it happens. But they just don't care as long as these same scammers launches another coin and pay them their rent in btc.
Small potatle is still 50K+ USD this is for some people 2 years worth of salary working full time shifts. C-cex is seriously ridiculous.
I watched the distribution list very carefully. None of the top wallets dumped until the coin was sub 2k sats. They either had their free coins stored off C-Cex or used multiple accounts.