FUD is what pie777 is doing, because it represents the factual position of the Herings while they are absent.

Not being present and neglecting due duties that come with the responsibility of exercising the role of investment takers and executives of corporate entities (including the entity Blockpay that was founded by them as a cryptocurrency project with certain binding rules) is what pie777 should be concerned about. So called development newsletters with no verifiable information are not a substitute for investors rights on disclosure of the financials and true corporate affairs of the actual entities they have invested in.

Dr. Wolfgang Hering is a scumbag, he is corporate council of the Bitshares Foundation. This criminal was directing the measures that led to the current situation. He is rigging Bitshares as a platform by creating a precedent for ripping off investors and filling the pockets of scammers, in particular those of his son. They could have ended the project when it failed and when they became fully aware of the development scam, instead they abused the situation and stole the funds.

It couldn't have worked out for them if they had founded a conventional corporation in stocks. A cryptocurrency project is not an exception under the law, in particular in Germany where they are located.