Ælf is a token that is incorrectly listed on CMC. The smart contract clearly states the circulating supply is 260m, it's not done making coins, and the total supply cap will be 1b. (
https://etherscan.io/address/0xbf2179859fc6d5bee9bf9158632dc51678a4100e#readContract). It's been reported by dev's and community members (including me), but still nothing from CMC.
Here's the BCT thread where they clearly state upfront that the total is 1b (
https://bitcointalk.org/index.php?topic=2625637.0). They've also repeated this on their official blog/twitter/telegram.
Feel free to report it yourself and see the response you get.
Dev acknowledgement has no connection to the listing on CMC. The freakin smart contract doesn't even have a connection to CMC.
I appreciate you looking out for others, but I fail to see how you've drawn a real connection to fraud here. We're all curious about the plans for the totals, and I'm sure we'll learn about it soon enough.