[ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining

[Agryos]

Lol the guy that sold CRDNC for 0.00001112 BTC is such a noob.

 

µIneed to thank the fudders, I just bought 150 more coin at 8500 sat 

[1714678351]

1714678351

[commenkiz]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

Hello , thanks for the update.

how about the "hacked" coin.. in the notes you stated about the coins not "accounted' , meaning the coin will be useless - no value ?
in other word, meaning that our total supply of the coins will be reduce by 2.2M ?

[IronSongie]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

I would suggest to launch the website, show us it is there and take care of the rouge coins as best as you can.

[adu1t]

First thing you need to do is to launch the website.
People are scared, we need proof that you are not scam, so show us the website

[cryptocapsule]

you could have mercatox put a stop on that account selling but you haven't.   

[castello90]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

Dear DEV,

how can I be sure that we can trust CRDNC ?
To be honest, I could not imagine that you would make this kind of exit scam after all the work. Your wallet for example is working perfectly well and your blockchain, too.

I know that you will be not answering this. I just sincerely hope that you can regain our trust.

[YGung]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

Wowsers...the team didn't use a multisig wallet to protect from things like this?  This is also one of the reasons the main wallet should be locked for x months post ICO.

[CryptoLoveLife]

why not just burn 2 mil coins and get on with site launch

let us help u launch the site we will take a haircut!!!!

[ReasonOff]

Well the industry just got another strike.

[commenkiz]

totally bad move from the dev.

not selling , but losing hope .

they just delaying .  the more delay the more coins will be dump to the market.

[Crypto Kong]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

Whats the point of launching a website with 2.2M rogue coins.
Who will ever buy this coin knowing they can get dumped into at any time?

There's no proof of a second developer, so even if external exchanges were halted and only an internal exchange, they could still dump in the future.
Sorry, but there's honor amoungst thieves and this is not it.

EXIT YOUR CREDENCE POSITION AND MOVE ON.

[btcsmith]

believe in dev!

[jr_007]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

TO THE DEV TEAM. Have you ever think what my friends lost?..
They even invested their saved money for 6months. my other friend even borrowed money from the bank just to believe your project.
It is inhumane if you're doing this. I hope you will revive back this project..
Please have the conscience.   My friends are rekt so well as me. I believe this project for a long time. We believe. You made a good community.

remember. Money is not about making people. Making money with good is everything all about.
It is nice to have that money in a nice way.

Believe me guys. If u made this as a scam. I swear a big karma will come up to you. God knows.
I really believe.  
God is with us.

Its crytpo ..you should always expect these things . Never invest your savings into crypto pls..Dont be a fool.

i lost too..but its not my first .

[adu1t]

LAUNCH THE SITE. Don't postpone it.

[AGM76]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

So this project you are saying isn't anonymous because all your family and friends know about it? I thought you didn't want to pay any tax as your whitepaper detailed?

Anyway, the fact a few million coins were sold doesn't change much at all and shouldn't stop it launching. The lending will be paid for if the coin gains in value and it is better to start at a lower value than a higher one.

[commenkiz]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

TO THE DEV TEAM. Have you ever think what my friends lost?..
They even invested their saved money for 6months. my other friend even borrowed money from the bank just to believe your project.
It is inhumane if you're doing this. I hope you will revive back this project..
Please have the conscience.   My friends are rekt so well as me. I believe this project for a long time. We believe. You made a good community.

remember. Money is not about making people. Making money with good is everything all about.
It is nice to have that money in a nice way.

Believe me guys. If u made this as a scam. I swear a big karma will come up to you. God knows.
I really believe.  
God is with us.

well , sell now if u are scare.
as the more u wait , the more coins will be dump. or maybe they recovered the situation so you and your friend will be safe.

[krvpto]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

TO THE DEV TEAM. Have you ever think what my friends lost?..
They even invested their saved money for 6months. my other friend even borrowed money from the bank just to believe your project.
It is inhumane if you're doing this. I hope you will revive back this project..
Please have the conscience.   My friends are rekt so well as me. I believe this project for a long time. We believe. You made a good community.

remember. Money is not about making people. Making money with good is everything all about.
It is nice to have that money in a nice way.

Believe me guys. If u made this as a scam. I swear a big karma will come up to you. God knows.
I really believe.  
God is with us.

You gave bad advice to your friends then. Why would you tell anyone to invest MORE than they are WILLING TO LOSE? Why would someone invest their savings betting on 1 coin project?

First rule of investing into anything: NEVER INVEST ANYTHING YOU ARE NOT WILLING TO LOSE.

God does not exist, stop believing in fairytales.

I only invested what I am willing to lose. I have already taken out 4x the amount I originally invested and I am still very confident this platform will go to the moon. This is just a small blip in the long run.

[otouzani]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

TO THE DEV TEAM. Have you ever think what my friends lost?..
They even invested their saved money for 6months. my other friend even borrowed money from the bank just to believe your project.
It is inhumane if you're doing this. I hope you will revive back this project..
Please have the conscience.   My friends are rekt so well as me. I believe this project for a long time. We believe. You made a good community.

remember. Money is not about making people. Making money with good is everything all about.
It is nice to have that money in a nice way.

Believe me guys. If u made this as a scam. I swear a big karma will come up to you. God knows.
I really believe.  
God is with us.

You gave bad advice to your friends then. Why would you tell anyone to invest MORE than they are WILLING TO LOSE? Why would someone invest their savings betting on 1 coin project?

First rule of investing into anything: NEVER INVEST ANYTHING YOU ARE NOT WILLING TO LOSE.

God does not exist, stop believing in fairytales.

I only invested what I am willing to lose. I have already taken out 4x the amount I originally invested and I am still very confident this platform will go to the moon. This is just a small blip in the long run.

Doesn't look like a small blip to me!

[richdadphat]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

You say Dev sell Coin, sounds funny
it's had mean that your team was scam.

[AGM76]

Dev Message

1.  What has happened is one of the devs who has control of part of the pre-mine has either been hacked or is selling.
2.  We are unable to contact but have left several messages.
3.  The site is completed and was due to release early in the next few hours we have put a hold on that given what has taken place.
4.  This is NOT a planned exit or scam, we stood to make a whole lot more money by running the site and having the coin grow naturally it was trading strongly at $4 before this happened and probably would have hit $8-10 when we went live, so if we are doing a planned exit scam it is the most pathetic one in history.  Nor would we be bothering to try and explain what has happened.
5.  Our only hope is 2 of 2 things.  1.  The Dev has been hacked and we can recover the majority of coins or 2.  We can contact him and have him send the remainder of the pre-mine and personal and still run the site without a massive amount of unaccounted for CRDNC on the market.  Should either of these things happen we would be in good shape but I do not hold out much hope at this stage.
6.  Want to apologize to all investors and believers in this project, this was NEVER MEANT TO HAPPEN and after spending weeks and weeks getting the site ready to have this happen is so wrong it is unfathomable.
7.  Can only offer sincere apologies and understand your anger and frustration and if there is anyway we can salvage the remaining majority of coins we will get the project running. 

So in summary, the following could potentially happen -

A.  The Dev with coins was hacked and if that is the case, we will recover all remaining coins and secure them in a public wallet or just burn them.
B.  We can still operate the site but with the knowledge that there are around 2.2M of coins not accounted for. 
C.  Wait to hear what happened if the other Dev replies and what the status is of the coins. 

It makes zero sense to just dump some pre-mine just before site launch and potential price gains so like you, are at a total loss as to why and how this has happened, once again apologies and if there is anything positive news wise you will be the first to know.  This is not and was never intended to be an exit scam, if it was it is the worst performed one in history.  Some of us had family and friends and even workmates invested in this project, not to mention the honest general public and words cannot describe the humiliation and embarrassment and regret felt right now. 

If there is anything to update that is positive will do so ASAP. 

So this project you are saying isn't anonymous because all your family and friends know about it? I thought you didn't want to pay any tax as your whitepaper detailed?

Anyway, the fact a few million coins were sold doesn't change much at all and shouldn't stop it launching. The lending will be paid for if the coin gains in value and it is better to start at a lower value than a higher one.

Also, did you contact the two exchanges about this ? They have good customer service usually and can block accounts if you explain the situation. It won't be hard for them to find who is dumping the coins, obviously. There was no mention about halting the trading to protect coin holders in any of the announcements.