What can i do?

Report coinsmarkets & nforce to the dutch authorities!!

for the netherlands call 0900-8844 and for outside call 0031-343578844. The more the better this is gonna work! forget the coins! just report!

Coinsmarkets seems to still be online here, and updated yesterday. http://185.66.140.234/news.php

Also the dev has been online Jan 20, not Jan 4th.

Do you think it's still a scam?

People seems to forget that something like this happened before for example btc-e was down for 3 months after the arrest of some of its people but yet this still return to work under another name and domain,they are wex.nz now.As long as we can see that funds are still on the wallet and are not being moved i will belive that they will comeback

How was they able to track down the btc-e owners? Just wondering if the info will help us in tracking CM owners.

Btc-e was actually a registered company with publicly known owner. No tracking was required. The owner was arrested for tax evasion, money laundering, etc. He didn't actually steal coins from his customers or scammed anyone.

I almost held a position in Electra on the other small exchange that was trading it known as coinhouse.eu. But I changed my mind when I saw red flags.

This is completely my own theory and opinion and should not be taken as fact.

I believe that Electra coin is a scam and the people behind it used their new found coin wealth to create the coinsmarkets.com trading site. They used a lot of hyp and marketing on Twitter, Youtube, Reddit and their own Telegram chat group to make people believe they were preparing for some kind of technology release.

Their objective has been to steal as much Bitcoin from people as possible by using a mix of the fake exchange and fake tech coin/ fake hype.

The coinhouse.eu another small exchange launched recently, I do believe this is a legitimate exchange and they gave me successful withdrawal on my Bitcoins. However that exchange is very new and obviously still a risk.

Of course it's possible that Coinsmarkets is not a scam and just run by really incompetent developers, in which case it would not have been too difficult for competent hackers to break in and steal all the cryptocurrency. An occurrence that WOULD be consistent with the DDOS attacks suffered by them.

Interestingly.. I believe they had Cloudflare setup to protect the server from DDOS attacks which leads me to believe the DDOS was likely directed towards a non HTTP service running on their server.

Hackers like to DDOS sites while they conduct their attack because it makes it harder for sysadmins to login and stop the attack not to mention they would have got bombarded with customer complaints to deal with at the same time.