I am going to lay the blame on the following people.
Craig Wright
Jihan Wu
Roger Ver
The above three should be sanctioned in my opinion.
Those are the people who deliberately manipulated the market. They are the ones who can control the market and they will profit from selling off altcoins. Once they reach the desired number, they will start to buy at a very high price for the market to grow. We can not blame them, just for our actions.