If you haven't done already, read up on the pastebin post. Even though things may look dark now, according what I read there FairCoin actually might have gotten lucky due to the suspended and recovered servers:
This was worrying because the old servers still held roughly 1,000 BTC worth of altcoins that failed to migrate to Ryan’s “V2” of Mintpal and the servers were about to be re-purposed, meaning the private keys of all those altcoins would be erased with no way to recover them.
I had to make a quick decision, so I paid off the unpaid bills of the server retrospectively and brought the servers back online, removing Ryan’s access. I reached out to Ryan requesting him to hand over the control of Mintpal so we can take it from here and set up a withdrawal process for the recovered coins. Note that Michael and I were the ones who paid the entire cost of Mintpal acquisition and ever since finding out the true identity of Alex just a few days ago, Michael agreed to transfer all his shares to me making me the majority shareholder. Mintpal was a lost cause for us at this point with an unknown amount of bitcoins lost. We had also discussed a motion to disassociate ourselves from Alex and his scam during a skype conversation that followed shortly after learning Alex's real identity but no paperwork was completed to that effect. Following the recovery of the altcoins that failed to migrate to V2, I figured that at the very least, we can try to ensure that customers are refunded those coins, and perhaps even try and see if there is any way to salvage MintPal from this mess with external cash injection to cover the missing funds.