This coin can be saved. With one fork in which dev can destroy first 7 blocks. If that happens this coin would be real revolutionary coin. Other possibility is to do relaunch after fixing source but that have no point.
delfun is probably someone of the devs because his account is created only for this reason to admit that he have premine. He could be somebody else, but delfun is not his only account on BCT.
How can we destroy block 7 or first seven blocks? Is it doable at all? I am not sure. The funds have been moved around few times and probably been sold on exchange. I also see no point in relaunching a coin. We could ask delfun to give up whatever he's got left of 3.5mil, transfer the coins to a single address and block that address in source. I guess this would be the only option to save the coin.