This is true for almost all coins on the mastercoin online list STOP SCARE PEOPLE OFF!!!
Please go read the whole thread. It's full of facts showing this coin is indeed run by a scammer.
The purpose of the thread is not to scare people but to expose the scammer and educate potential investors in the crypto world.
If it is true to most coins then most coins are a scam, bytepay and cropcoin are a part of that pool of scams, that is true.
I would not be surprised if benag is the dev impersonating someone else... Seems like the same mentality, all alt coins are shit coins hence his shit coin is legit. Such dumb logic.