Honestly I don't understand what you guys are debating here..

Fact 1: "Dev" stated in the OP he only mined 40 blocks "for test" and there is no premine

Fact 2: "Dev" lied about the premine, Block 1 had 44 Mills (of 66) premine for the dev.


It doesn't matter if he burned the premine or not - he lied about the coin and IMHO that's a reason to refund the buyers as per the ICO rules.

All the other warnings that this "Dev" is behind A LOT of other scam ICO/IPO/Hidden Premine coins were ignored already and you STILL seem to cover his actions - I have absolutely no understanding or excuses for this - as long as he will make money with this scams he will keep continuing with it..