You can do that, but you probably shouldn't. Would you buy a coin that someone can (and has) just take away that simply?
It's possible to fork a coin and rob somebody, but why would anyone "invest" in a coin when it's been proven that it's simple to just take them away?
Why would people invest in a coin that is controlled by a handful of people that can do whatever they damned well please with said coin?
Ask Paycoiners.