Now lets assume Credence is not a scam and they will recover. The hit they took was massive. The entire reputation was destroyed and not having even a site up while this is going on makes it even worse. The damage has been done and too many people will leave and talk bad. Even if lending finally starts I just can't see how they will gain trust of people. This dumping will forever be associated with Credence and any new potential investor will just walk away without thinking.
Well said sir, with this fiasco now on everyone's radar, their reputation is in the toilet and no one will ever trust the project. Even if they do get the site launched who in their right mind would invest in it? Not me, I have 0 trust left. As Mark Cuban would say, "and for that reason Im out."