That's what I've heard. The guy disappeared. Pretty sure it's not malicious or any sort of scam. He was a pretty upstanding guy. Maybe illness or worse. This was a really nice online wallet and I'll miss it. Problem with some of these things is that they're done well and function well, but they live and die with one person.
TT
TT
Yes - I agree with that - but why did the site disappear then the DNS dropped? Seems strange unless renewal was missed?
This is one of the fundamental issues in cryptocurrency - there can be a fantastic service that gains popularity and trust because it has value BUT if it is essentially one man band with no backup it can just disappear without trace or explanation - users' first cry will be 'scam' even if there is a perfectly reasonable explanation and, of course, there is no path for recourse.
You're right that people have no recourse, and that's what "unregulated" means. Hopefully people took the advice on the site and didn't have too much there.
TT
