Surprisingly, all the people involved are real. I don't know why they chose to edit certain pictures like that. Trouble is, the Raja guy is deep in ETHTrade, but he's kinda rich and influential in the community over there in India (which is why he's put as the founder). The other brains behind the operation don't care about ETHTrade and wanna publicly denounce it (which NewsBTC recommended), but Raja is threatening them. I'm guessing the remaining team members are either in Raja's pocket or remaining neutral due to fear. Trying not to name who's who, there.

I felt I should bring it up immediately, though, because I suspect Raja is already collecting pre-ICO funding without the consent of the rest of the team, all of which he would control. Even if you believe in the idea behind this project, it's obviously not wise to invest under those conditions. In my opinion (which I might already get yelled at for expressing thus far), they are likely to split up, which will be costly for the remaining (anti-ETHTrade) team members but free them of scammy influences... those still interested should wait for that to occur and hope the project still has momentum to continue. I honestly can't tell you