[geofft]

They made promises that they should have known were impossible to keep. In my books, that's a scam. Sure, they tried very hard to keep them, but that doesn't change the fact that they could not deliver on their promises and anyone could have told them that.

Also, no, they did not inform their users. They handed over the key and waited for users to notice court documents.

See my previous comment: https://news.ycombinator.com/item?id=13447340#13448609