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Yeah that's an old trick for the CEO to dump his token to the market by saying it was getting hacked but it's totally an inside job. I hope that youc investors or buyers can fill a report to the police or regulators to bring the CEO to the jail. The ceo was scammers and i have been seeing so many investors got deceived as they are loosing their money but in this case i personally thing that if the CEO didn't get a lot of money as youc was lack of volume in the exchange sites. It has low daily trade volume and huge gap between sell and buy orders. in this case i personally believe that if CEO is the dumpers or scammers.
The common problem here is that no one will actually pursue suing those individuals. Hence, they can always get away with it, and create a new scam project. Of course, they already got what they want here, so they don't care about their holders anymore. So swapping is their another tactic to get away from the trouble, letting their holders think that they still have hope to recover their losses. But what would be their reason of swapping it? Another reason to screw money from investors?
