The thought is that the coin dev will dump the pre-mine and leave the miners in the lurch because of a falling price.

It seems that controversy is becoming somewhat outdated, though, as newer coins now have 50%, 75% and even higher pre-mines.

If anyone was seriously speculating on this coin, they could purchase $250 worth and own a larger amount of coins than the Dev has. That renders the argument laughable at this stage of the game. However, there are a lot of negative people in the world and they need something to say, so this is it.