There was another recent ICO with the same thing. I think someone is reviving their old sock puppet accounts to create ICO scams.
We can use a lot less of those, on that we all agree. :-)
I lost a lot of crypto to folding exchanges and am sick and tired of it too.
It's precisely that problem we are trying to address: the centralised trust model.
Peace,
AmmO - holosphere r&d - member of metasync - internet of coins dev
http://coinstorm.net