Is it really possible to be so incompetent/negligent that they went bankrupt before delivering a majority of their preorders which they charged $15/gh while production costs were ~$0.3/gh?

IMO they got fed up with the community backlash after Icebreaker managed to turn EVERYONE against HF so they orchestrated their exit scam. (funneling the money out of the company then declaring bankruptcy)

But then again the all-knowing Icebreaker has informed us all several times that bankruptcy fraud never happens so this can't be the case.