Details:
After a 30% premine, (supposedly) mistakenly sending 10% of the coins to a stranger on the first day, making big promises to the community which went unfulfilled for months, an elaborate lie about developers which were all alternate accounts of the same person, a fork of the coin which accidentally caused all funds held by people on exchanges to disappear, the coin now has a daily volume of less than $1000 faked by the developer trading with himself.