How can you have confidence when no one from the exchange has commented on what has happened for months?
How can you have confidence when there is no communication about what happened?
How can you have confidence in someone who has your money, pays back only part of it and does not give an exact time about the rest of the payment?
I wouldn't call Confiscating and stealing funds from accounts to pay another account; paying. It's to keep the scam going for a bit longer. If anything it's straight up theft and forced ponzi.
you're absolutely right, debt and stolen funds is still stealing.
he still owes lots from the customers.
In the end if he repays it, it's a big step in the right direction, although it will take a long time to get his reputation back.