I'm sorry, it's just a complete mess at eBTC. First a dev error led to a coin swap last year and the original dev jumping ship, then the mess with the rogue admin seizing control of the telegram causing chaos and multiple telegram groups, then eBTC bringing on board partners to it's ecosystem and then kicking them out for reasons that are hazy at best. Now the head of the mess Gio whatsisname abandoning the project, then the original rogue admin who almost destroyed the project then actually taking control over the project and attempting to revive it.

In between this there has been a partnership airdrop with eProxy (an innocent dev team caught up in the mess) which was a shambles agreeing to airdrop ePRX to kucoin exchange (which as of todays date still has not taken place after months of waiting)...Understandably proxy exited from the ecosystem to follow their own path in a cloud of angry exchanges between them and eBTC via twitter

Even telegram admins have been leaving and coming and going involved in a cloud of arguments and vitriolic accusations

$2 to 10 cents in 3 months says it all really, and the eBitcoin foundation twitter just pretends that all is serene and peaceful (pull the other one)

If you received the original airdrop last year of 2457 eBTC in Jan 2018 you would have had around $4k in coins, then in April 2018 that would have reduced to $245, ok so you would have got them for free but it is a stark indicator of the progress of this mess. Also the original airdrop was never KYC'd in the first place although i am sure that is the least of a million other issues with this project

So what is going on right now? Very little, no Gio Vin Die (Ex CEO) location unknown, and an ex rogue dev/admin in charge of one of the four splinter group telegram channels, and to add to this it turns out that Gio is apparently about to launch a new coin even though he has been probably the most unsuccessful CEO in history the first time around...

It's like being on a 12 month world tour with the Eagles with all the infighting recriminations and backstabbing