This just proves that there is never gonna be a shortage of people greedy and willing to gamble to the point of defying all reason, and people willing to abuse them. I guess it's inevitable. Only feel a bit sad for the innocents lured in but I guess some will argue there were no innocents in this particular case - the premise doesn't really entice people to invest based on any kind of reason or promise whatsoever. Hope that some lessons were at least learned. And this probably doesn't really blow the widespread reputation of alt coins any lower since it's probably near rock bottom anyway, everyone I know who's heard about them thinks they're blatant scams and absolutely hopeless, sad that this also makes many believe less in Bitcoin itself too.