Isn't this the coin that was started by Nicksasa like a year ago and failed? Found this in another thread:
Liquidcoin sort-of
Nicksasa (creator) disappeared with no notice, BTC-E rejected LQC, the client is slightly buggy, it's extremely low value (it's still tradable on vircurex.com), and the blockchain itself has 1000's of orphans for each block.
I'm the guy running liquidcoin.org so it's pretty annoying when the actual creator disappearing, plus I also ran the blockexplorer on liquidcoin.org:2755 which is now broken since the blockchain keeps corrupting itself and ABE keeps breaking its own MySQL so I have to keep re-scanning the liquidcoin blockchains...so I gave up of course after the 100th time...
It's still sort-of alive, but buggy and unsupported by its own developer.
This is also the same guy that was operating notroll.in LTC pool and seems to have disappeared. Does it have new developers now or are people just making mistakes of the past?