The really sad thing is what Mohland already had stolen the funds a few years ago to try and payback his failed business venture, and was operating Dogetipbot with fractional reserve since, and with the recent increase in value came in the difficulty in paying back as well as an increase in hacking attempts on accounts.

I personally didn't lose that much, less than 1 USD, so no biggie , but it does teach the most important lesson of all regarding cryptos : If you do not control your keys, you do not control the coins !