Because he was delisted from all the exchanges where he traded. SEC has introduced some kind of solution based on which the GLA token is forbidden to trade. As a result, investors return money if they want to get it back.
So this tokens was clarified as security tokens by SEC? Did investors get their money back or no? As i understand, this is the first such case? Would be nice if we get some advices how to get our money back in scam projects too...