It's very thoughtful of you to come on here and seek for answers before making a decision, many newbies won't do that today, pinkoin is not safe and the CEO is on wanted list right now, find better altcoin to invest money on, use coinmarketcap to find well rated altcoins, top 20 coins are way better
Yes, that's why many have always advised to stay away from tokens that are not well known and don't have a good ranking on coinmarketcap or other sites that can help newbies in choosing good tokens and coins, and this is one of them very real cases and can serve as examples for everyone.