Technically, the CEO had been funding the project himself at own cost, 'reportedly'
The smart contract had a clause in it of a refund policy. Unfortunately due to the change in price of ETH and downturn this left little actual funds (after refunds)in the project itself.
I will have to go find the SC address itself sometime and review this, as such happenings will be clearly shown by the transactions and clarity in the transaction within said 'smart contract' for the ICO.
There were also things such as the Mindgeek / Pornhub let-down where they pretty much screwed us over and wanted 500k USD to fix it.
The discord links stay valid for 24 hrs for one to join. (this is vit's official community channel)
https://discord.gg/ffbvry
Happy to chat :)