Ask yourself, why would someone pick up a site which has one of the worst reputations right now, and put money into it, actually believing they can turn the reputation around?
They wouldn't, not anyone with sense.
Exactly my point.
You'd never buy a piece of shit reputation exchange to fix up. You'd start over.Yup.. UNLESS.. you wanted to put the cow on life support and continue milking what you can get from it.. which is what this looks like.
Unless they absolutely have no capacity for sense whatsoever. Some part of me wants to hope that people aren't that dumb.
I mean, at best, buy the exchange for its codebase and then completely rework it, phase out the DNS, setup a new name, back it, insure it, make it look different.. and go from there.
Circumstancial evidence is pointing to the likelihood that they simply got together to milk it.