Before you guys get your pitchforks out at least clarify the situation. The dev at least had the balls to come back and say here's what happened. He could've just sold everything and vanished, or tried to.
We have "proof" he is lying, none of the other dev's have been in contact with him nor did they leave the dev team as he said!
Besides this, the premine was moved to Mintpal account (more than 3 times this has been confirmed).
The DEV needs to show some proof of his actions, a screenshot would NOT do it as he can Photoshop it! He needs to transfer the amount to an OFFLINE wallet, then give it an "LABEL" so we can see it's not to another online (exchange) wallet!He just said he sold his share of the premine for 8 btc and no longer hold SC.