Oh no, neither side is a good person. One side didn't unlock the VC shares after the expiration, didn't give the consultants their coins, and even laid off employees. The reason everyone overestimated the valuation to come in and take over is because Labs led the first round.
On the other side, they have a bunch of BNB and U, but refuse to support liquidity. Other alpha projects follow the official guidance, locking 500,000 to 1.5 million BNB and U, while this one not only doesn't lock, but also encourages others to resist MEV.