The thing is that, i do not even think it was planned as a scam, it was all due to poor management, they moved to fast and overlooked safety issues, which in part was the staff that robbed them blind, this time 10 Mil Doge gone, that is insane, who was running this platform ? Were they high on weed all day long ? I've ran many businesses and still run my own, and i know one thing, when you deal with valuable coins one thief can shut you down in one day, which happened here, the only thing is that they tried to come back dragging their ass on the floor, but this one was doomed from day one.
Difference with this business compared to others is that, they lost things that cannot easily be replaced, you lose eggs no problem just buy more eggs, these coins are limited and the only way to pay people back is trough mining them which most are on a very high difficulty or buy at open market which would push the coins to high with every purchase, how can you replace over 1000 BTC, or 10 Mil doges, or what was it they lost ? 4 Mil Blackcoins, how many LTC's and POT, the smart thing is to take their losses and move on, as for us,...Catch the Blind and take his eyes out, it is nothing we can do, even if they have an address to got to and knock on their door, they cannot pay anyone back even if they want to. There's no regulations on these coins, you cannot sue anyone as there are no Laws in place, the Government does not recognize these coins as anything as of now, there's no receipt of deposit, we are fucked.
All my wallets are on a external drive, they could have left the trading platform as virtual and no coins on the grid, if all the coins are outside your server, then nobody can steal squat, dumb fucks.
They destroyed my confidence in any trading platform from now on, i will hold on to what i have and if things get better in the coin world i will purchase with it and that is it, a hard lesson learned.
I lost over 6 months of mining with ASIC's, these fucks got my balls in a twist, i would love to push their faces in,
And someone mentioned that they should issue CRS to people for their losses, how are they going to do that ? They issued 100 Mill shares of Crypto Rush at the beginning for an average .00001800, in their desperation to raise funds they sold it down to 300, they only had about 10% available by then as most of it was bought out, so they do not even own a stake in their own company anymore, do the math of 100 Mil CRS at an average price of .00001000 and then see if that would have covered over $300000 loss of coins, the answer in no way. So, that solution is out of the question for them.
So they will have to close shop, if not they will work in a loss for the next 3 to 5 years, they can never allow anyone to withdraw any BTC, POT, LTC for at least 1 year as there is none in their wallets, the trading would only take place virtually and they would have to keep track of buying and selling, by then others would have more or less BTC by the time they can catch up.
