i'm wondering why those people never stops screaming "scam" about this project, did the dev scammed you? did he asked some money on exchange of his coin, he never did, isn't it? he just gave the coins for FREE, so, where's the SCAM there?
I visited that AQUA thing OP and I can see why people are calling that a "scam", but they are still wrong.
It seems somehow the token landed on one exchange and the "devs" started selling tokens from my understanding.
Yes, they lied about developing this and that but the one at fault is the greed in people giving value to something without value. We can see that with the majority of ICOS, the most recent one is mind blowing, selling only 4% of the totaly available supply in 10 minutes for 12 millions, devs owning the rest of 96%
. Unfortunately people are very greedy and ignorant, they jump head first in everything with the hope to get rich over night, sadly.