It's great that you are refunding clients.... just a refund? Of course you are in a better position as the price went up.
This is such an obviously wrong take. This wasn't a scam. We didn't just keep funds. The funds raised (including > $1 million of my own) were used and the business ran out of money and had to close. It's as simple as that.
If we were just sitting on funds and decided to refund now, why would we not have done it when BTC was at 60k instead?