The dev told me that his is doing that, and told me to go F*ck myself
They are very nervous because the same situation happened as with their previous project Kaspa Classic - they failed to launch a stable blockchain, as a result they lost premined coins, abandoned the project and created the new project KobraDag.
You are 100% correct. And the developer is asking me to delete these posts.
But we all need to report his bitcoin talk account so people know this is a scam.
And the best part is that he is not responding to these. Hiding like the coward, disgraceful scammer that he is.