they own shit , they are creating worthless tokens and bilking others for other (arguably worthless tokens).
Actually, from this thread, it seems like people like Cryptojerk are creating the worthless tokens and Pumper's group are just doing the bilking. Either way, you'd like to think that the altcoin people would serious up a bit. I see so many "up 2000%!" threads; how long will it take for people to stop throwing away their money on these schemes?
so you think it is right that developers are basically being bullied by this group! That is called RACKETEERING
devs can barely profit anymore because these guys keep squeezing them out of their own coins
Racketeering refers to activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include extortion, money laundering, loan sharking, obstruction of justice and bribery.
They are holding altcoin developers to ransom by skyjacking the full coins supply which they are using to manipulate the whole market