Tradehill used to be an important Bitcoin exchange, but it was closed earlier this year due to losing a lot of money to their payment processor. What is the full story behind Tradehill?
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Basically, Dwolla promised that they would never honor chargebacks. They in fact did and stole dollars back from their bank account after TH gave Bitcoins to the scammers. They lost a lot of money by this. I believe Dwolla is being sued for 2 million dollars as a result of this.
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1That isn't really "the full story behind Tradehill". – Meni Rosenfeld May 31 '12 at 05:11
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1If you believe something is incorrect you may downvote or even vote for deletion. Please do not flag things for moderator attention based on correctness. – David Perry Jun 02 '12 at 02:18