Eh, there's a lot to be suspicious of, but people have gotten locked out of a portion of their funds, with a promise by this guy who they previously trusted to

Eh, there's a lot to be suspicious of, but people have gotten locked out of a portion of their funds, with a promise by this guy who they previously trusted to make it up. Apparently it's only $50,000 ("only"), meaning no individual lost tens of thousands of dollars. It's unfortunate that this guy being upfront with everyone puts him above average, but it does, so his business will probably continue, such as it is.