First, it's a blatant clone of my own coin, and secondly the user has offered zero transparency on who he is, unlike myself where several highly trusted & respected members have all my personal details and are ready to release them should I step out of line.

However, copying ideas is fine, it gives credit, thank you - and people are free to invest where they like.. there is no evidence this is, or is not, a scam.

Still multiple steps could be taken to limit liability of coin loss, none of which have been taken by this developer.