If you look up the story behind coin-swap it was an exchange which was hacked for several thousand XPY maybe even 10's of thousands. The story I've read, either here or on other forums, was that GAW offered to replace the stolen XPY in exchange for the exchange. There may have been additional payments for time and services, the basic premise was that the owner of coin-swap was to work for years to payback all of his customers.
The owner was very honest and transparent to the point that he doxxed himself on his website and stated every coin would be paid back.
Coin swap was bought for an undisclosed amount. This is the first time ive heard about any hacks, and I dont think that is true (at least before Josh bought them). I'm friends with one of the former owners and I think he would have mentioned that to me.
I just never heard it mentioned but I thought the whole thing was weird since Josh buys this exchange that worked fairly well and then he just shuts it down? Maybe he didn't buy it like Miaviator says? Well, someone is correct. I don't really care, just never heard this story discussed until now.