I made 1 billion LOL coin via Ripple, sent it to an other account via trust, then deleted the first account with Gutmann 35 passes, so nobody can have acces to the first one again.
So this 1 billion LOL is constant forever, nobody can create more.
So account 2 has an IOU for 1 billion LOL from account 1 and then you deleted account 1 ?
Could you elaborate some more ?
Vidocq.