MoMo didn't lose. As he was part of the scam himself.
Hyping this up with fatasy buy-outs from RICH Asians+NYSE "BIG BOYS" even after the Kinross+div+SEC Susp. debacle with absurd claims with no proof and defying logic and common sense.
The real paradox here is the more obvious the scam got, the more fanatical the naive longs became in their denial of the scam.