The last update on their thread https://bitcointalk.org/index.php?topic=935811.0 is that there was someone abuse the site's bug and won 14btc.
Perhaps you may ask their developer, since there is no clear information who is the owner/admin of thecoins.net
Profile developer : https://bitcointalk.org/index.php?action=profile;u=315591
Perhaps you may ask their developer, since there is no clear information who is the owner/admin of thecoins.net
Who is new owner,management changes every few days 
There has only been one new owner. I'm just the developerProfile developer : https://bitcointalk.org/index.php?action=profile;u=315591