The premine is for funding the Mintcoin Fundation.
David Latapie is in control of it with the developers and other who are members of The Mintcoin Fund.
David even invited opeennlyy to anyone who wanted to join the board of mintcoin fund.
Theres no premine scandal, we are really open and with fund to invest in LONG TERM SUSTAINABLE DEVELOPMENT.
There no other coin that is this open and clear and with funds to progress.
Any aditional info, feel free to ask whatever you want.
Im here to help and serve
Why cant we have a clear comprehensive list on what the premine has been spent on? How much of the premine is left? How much did the dev dump for btc for personal profit etc?