The only thing I can see might be true is some dishonest user started changing payment addresses right before the payout and later contacting Chris somebody changed address and payment went to 3rd party. That is why he later implemented 24 hours and 48 hours lock downs.
He is claiming "fake shares and orders were present in database (and backups)" What's a lot of bollocks! I would believe somebody hacked in to the actual ltcgear.com website, but he has added backups. Where do you guys store backups? Obviously somewhere away from original sources. So he is claiming everything related to ltcgear was hacked and scrambled. Smart hackers not only hacked the actual site, but gained access to his computer and fiddled with backups. What an amateur he is!
My conclusion is the story is fiction and completely made up!
I gotta agree with parts of it , If he got hacked the way he said he did it was amateur hour for sure , its unimaginable to me that a website that takes in millions would have such poor security.
agree to this, this is his joke to stall sometime, another week pass, soon enough, more and more people forget that this is actually payday soon enough he will shut down his site like others lol