3) LC is completely incompetent scam
They raised 10K BTC didnt they? And we dont have a frigging idea who is really behind it. That would qualify as a successful scam to me.
Raised 7,000 bitcoin, they kept 3,000 bitcoin worth of shares for themselves.
They have made over 30,000 bitcoin by trading on their own news. One of the most successful scams in recent bitcoin history. Well played Labcoin, well played.