Combined with multiple bank account closures and Paxum's decision to close all Bitcoin business accounts, we have deemed the best course of action is to halt trading and pursue licensing while raising funds.
Guys. Tradehill is not dead dead. They just need licensing and some fundraiser, I think.
Or maybe Jered Kenna could clarify the status of Tradehill so we know that it's dead dead or just temporary dead.
Exactly, specifically concerning California licensing. We can modify our existing business while we go through the licensing process. It's in depth, expensive and not trivial.
The important part now is to return the funds to the clients and move on. As Bitcoin grows compliance becomes even more important and we're taking it seriously.
Jered
