There is a rumor that seems to have some traction and some sort of believability that it wasn't a "hacker" but code left behind by one of the many site staff who have bailed. As Jojo noted, all has not been well for several months leaving Fred pretty much by himself and now with a serious mess to cleanup - if possible. As to why the exodus - I've heard that staff discovered the real $ being brought in, and "someone" didn't want to amend the compensation arrangements.
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