As a result of these losses, TradeHill was unable to pay its employees and was forced to shut down exchange operations on February 13, 2012. We did not want to do this. We believe in Bitcoin and greatly enjoyed being involved in the community in such an integral way. Though we had hoped to continue different business operations on bitcoin.com, we were contractually obligated to return that domain name (along with bitcoin.co and bitcoin.co.nz) once we stopped operating as an exchange. As such, bitcoin.com is no longer owned and operated by TradeHill.
I am extremely surprised. As far as I know, you did not disclose to us that the bitcoin.com domain have a constructional obligation tied into it until today. Now, it simply redirect to bitcoin.org.
Who is the owner of this bitcoin.com and what are they going to do with it? Is it satoshi.
We wanted to keep operating and hold on to the domain but it just wasn't possible. Ideally it wouldn't have mattered that we had that obligation but things changed when we lost the funds. We weren't able to innovate and had to cut all the features / employees we had planned. I've personally blown all my savings to stay afloat.
I'm not 100% sure what they have planned for bitcoin.com and if I find out they'll probably ask me to keep it under wraps. I believe they really want to see Bitcoin succeed though and are going to do amazing things for it.
I can't say with 100% certainty that it's not Satoshi but I don't have anything to make me believe that it is.
-Jered
Edit: I'm happy to return coins to anyone who donated to the bitcoin.com project as I won't be working on it directly unfortunately. Just shoot us an email.
