Basically there was an incident where the exchange wasn't finished when the Saturday night deadline arrived because one of the SMOKE devs who had been working on the exchange had to divert his attention towards a family member who was dying of a serious illness (that family member has since passed away). When the delay was announced, FUDsters starting threatening both the SMOKE devs and MsCollec. MsCollec panicked amidst all of the threats and announced he was stepping down from VOOT, causing the market to crash. MsCollec has since apologized for panicking and has announced that he plans to stay and continue to assist VOOT development.