What? They were hacked July 20, 2018.
https://latesthackingnews.com/2018/08/05/monero-wallet-vulnerability-loss-of-1-8-million-to-livecoin-crypto-exchange/They didn't disable deposits (you can't the address cannot be shut down!) at all just withdrawals and the link you posted to was posted 3 months ago.
They were hoping for compensation from the Monero devs, which never came. That's why they left trading open. Not necessarily the best plan, but that's what happened.
Who cares what they were hoping for, they were stealing all deposits and anything that did not get hacked.
And pray tell how are the devs going to pay an exchange on a non premined coin?
Exchanges take the risk when they list and thats why they keep the profit, asking Devs to cover losses is ridiculous. I can see how pre-mined scam coins would just to keep the P&D going but
can you imagine them asking Bitcoin Devs to replace stolen Bitcoins and to keep allowing deposits and closing withdrawals!
How could they steal something that was already stolen?
They stole all that wasn't hacked away and was deposited since the hack by forcing people to dump them because they could not withdraw them.
What they should have done is gone to the Monero community and asked for help, trying to exhort monero Devs for coins they don't have just shows their incompetence as well as their ignorance of the asset they were using to profit from.
And I haven't even mentioned the fact they are anon russians that tried to make it look like they were an american based company to start with.
I understand you feel you must defend these crooks because you were advertising for them but we all make mistakes. Stop trying to defend them, your hurting your name more by defending them then you ever did by advertising them.