There is no doubt in my mind that we will give people another chance to trade with the coins. At this moment this is really close.
What happened: Well original developer created a project which was very attractive with such high MN rewards. He auctioned few masternodes to greedy and naive people, who wanted to be the first with masternodes. I don't know the price of masternodes on auction but for sure was not low. After some time dev just disappeared with bag full of BTC, + probably also dumped as much as possible of his premined coins.
When only exchange trading this coin realised there is no active dev with this project, they simply stopped withdrawals/deposits of BKT to/from exchange... that is pretty much it.