The only truth is power. Legally the site was in the clear, and yet the authors had enough power to shut it down.
Many of the authors understood that it was legal but still did not like it because it skirted the spirit of the contract which that lending is for family and friends.
The strangest part of this story is that some outraged people were able to close a website they didn't have any claim to.
Did they shut it down? I have yet to find a source that explains the mechanism of the shutdown. Everybody keeps repeating the fact that it's been killed, but how?
The ISP received complaints and advised he shut the site down, so he took it offline. Honestly the best place for actual info related to this seems to be their Facebook page where the owner has updated what is happened and also all of the comments reveal how many authors feel about the site (however misguided).
The only truth is power. Legally the site was in the clear, and yet the authors had enough power to shut it down.
Many of the authors understood that it was legal but still did not like it because it skirted the spirit of the contract which that lending is for family and friends.
The strangest part of this story is that some outraged people were able to close a website they didn't have any claim to.