So, the rumors were true:
Important Notice (November 4, 2013)
Please be advised that BitFunder is ceasing operations. In connection with BitFunder's shut-down, please note the following points, which supplement the points outlined in BitFunder's October 8, and October 11, 2013 notices:
As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.
BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.
As of December 2, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by BitFunder users, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.
On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts.
As of the date of this notice, BitFunder is not assessing any new fees against any BitFunder user.
Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.
BitFunder appreciates your understanding in these matters.
