I think you've got yourself really confused, and miss some really basic fundamental points about this.
1) The coin was in an ICO period (yes, much longer than anyone wanted)
2) During the ICO period there was a fixed minimum pricing that no one could sell below
3) Your holdings total value reflected the ICO minimum pricing
4) There is now free trading allowed, and the price has crashed significantly as some people dump their shares
5) Your holdings reflect the current price of Banx
Those fundamentals are not a scam, just simple economics.
Have we all currently "lost" money? Yeah pretty much, but long term I remain optimistic.