dev is silent. he has control over all bitcoins. the problem with new altcoin projects that don't get escrowed is that the dev could just abandon the project anytime and on this case, when someone else claims to own this project...

what's more unfortunate is that for those who participated in the ICO, purchased xlth with their xbt, their bitcoins have been released to the dev and they are left with lithium that doesnt have any value yet because xlth has not even reached a single exchange. it'll just sit in the wallet unless someone else takes over from when it was abandoned (if that is even possible). what's the use of having all these xlth if we can't exchange them for xbt at a legit exchange?