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I can confirm it is a scam, once you invest it will be locked and you cannot get it back. They don't communicate and the 2FA doesn't work.

The YouTuber MrSotko CryptoCurrency has made an excellent video breaking down the issues with ArbiTraCoin. It appears that he was hit with a dislike bot from the ICO, and they left a comment, which MrSotko claims received upvotes from spam bots. Here's his video:

I do NOT want to immediately assume a service is a scam with a possibility that they are legit, but I want to point out all of the very suspicious aspects of this ICO and their "Software". In the crypto market, you have to keep your guard up!