NxT's price is collapsing because one of the original NxT whales (40 million) downloaded a keylog file and presumably close to 7 million has been dumped by a hacker so far and another 33 million will be dumped. He had passwords to wallets worth several $million on a text file on his desktop.
https://nxtforum.org/general-discussion/price-speculation/5440/This does relate to NEM as it is entirely traded on the AE and NxT's price changes has a huge effect. A $500 NEMstake is possible if NxT continues to drop in price.
no these 33 millions where dumped a while ago.
klee personnal Nxt fund where about ~3 millions Nxt + ~3 millions Nxt infra community funds. Klee got stole about 1100BTC too...
check this link:
https://nxtforum.org/general-discussion/price-speculation/msg62461/#msg62461Also, the bter account of the guy that stole those funds is currently locked, but probably get away with some NXT converted to BTC (there is a BTC withdrawal limit on bter)...
Sad story...