I just think ETH will pull their exit scam soon, it was a very shady coin from the start, but now losing that much money is ultra suspicious.
They will probably tell that their servers got hacked and lost all the funding, from their yachts that they bought on the "lost" money
They will probably tell that their servers got hacked and lost all the funding, from their yachts that they bought on the "lost" money
It's hard to do an exit scam when they already spent most of the money (mostly to and on themselves I suspect) and told everyone about it. The past year and half has been one slow motion exit scam.
They could sell their remaining ETH or print more and sell it? I am no expert.
Or they could ask for more funds, and then run away with it. At this point anything could happen, i would not be surprized.
The whole thing seems very shady to me from the start.