I have been talking to many other early investors and they are considering legal action as well. WeTrust was not selling tokens immediately for USD, and did not inform the investors their investments would be valued as such until March 20th, well past the initial investment phase.
The worst thing is we were trying to be early supporters and really build momentum for WeTrust. Without the early investors, there would not have been later investors. That's called traction. I expect to see my ETH refunded.
I can tell you this much, regardless of the outcome, you have done a great deal of damage to all ICO's going forward. Nobody is going to feel safe being an early supporter knowing ETH is the future and has nowhere to go but up. You knew that, that's why you made that contribution scheme, because again, there was no risk of loss to you, had ETH crashed to $1, all losses would have been put back on the investors.
What the hell is that team? This project looks being crap in the future. I've read the whitepaper, in my opinion, if the dev just understands if all of the money from the investors as a charity for the dev.
I will support the early investors to take a legal action as there is more suspicious act in this project.