What happened = coinsbit.io  Scam exchange + Ponzi scam
 
Scammers profile =https://bitcointalk.org/index.php?action=profile;u=2681193

Scam thread = https://bitcointalk.org/index.php?topic=5185065

That exchange is i scam and already has a scam accusation thread created by Jollygood https://bitcointalk.org/index.php?topic=5192497

Now I found that it is not only a scam exchange. It is a hidden ponzi scheme masked under the so called Invest Box

https://bitcointalk.org/index.php?topic=5185065.msg52848969#msg52848969