Laurent
Here's is one scenario which Matthias Woestmann found very inspiring:
Envion is liquidated and ICO investors (not exchange purchasers) get money back.
You invested 1 BTC when it was worth $18k. That was exchagned for fiat at, let's say, $12k.
Envioin now purchases BTC with fiat at $6500 and pays and van Aubel) when company is liquidated. Woestmann pockets millions of clean money for his efforts at destroying the company.
All the chatter you hear supporting liquidation is Woestmann pushing to walk away with investor money.