this got to be a hack of some one account. Possible on mintpal. Strangely enough PND seems to also been gone on huge dumps and i cant find anyone on their forums to give a valid reasons.
like i said. on august 30 i got an email of "failed loggin" from mintpal. Perhaps they got lucky with some one old account that doesn't check on karma often enough to realized he has been hacked.
.........
thoughts
They hardly hacked 2 accounts with karm both on Mintpal and Cryptsy. When I was promoting KARM on crypty chat a month ago, someone told me, KARM has very small group of people holding many billions coins and distribution is not healthy. He was right, now we know, someone had more than 5 billion KARM and he probably have lot more. He dumped more than 3 billion and withdrew 2,2 billion, plus he has at least another 500 million on Crypty I observed he was playing with. Doesn't matter if someone from KARM team is scammer or not, it is time to publish the announcement as was promised.