Has anyone else seen this? I just saw the following on Bittrex.
"AsiaCoin market being delisted
If you are not aware of the AsiaCoin situation, please refer to the bitcointalk thread. Long story short, turns out there was a hidden premine in the source code. We have cancelled all pending orders in AC and returned funds. The wallet is re-opened for the time being. We will be monitoring the situation closely as it develops."
Yes, the original AsiaCoin thread here may have been deleted as I couldnt find it just now, but if you can the fun starts about page 270. It occurred to someone to try running the raw hex from the first block transaction and it came back as a 3.5B (yes, billion!) premine. Not entirely sure how they managed to keep that out of the "total coin supply" figure reported by the wallet, the dev deleted the source code from Github shortly after the discovery was posted.
Kind of feels like everyone assumes that someone else will have checked the source code for these coin launches, but I guess noone does....