Founders Close Vault of Satoshi So They Can Focus on New Business

Vault of Satoshi announced that it will close on February 5. The founders are busy with another business.
‘Our founders and team of developers began work on a new, noncryptocurrency project about six months ago, which has since become quite successful. We are forced to make a choice on where to expend our efforts, as we simply do not have time to continue operating both businesses,’ the announcement reads.
The announcement doesn’t list what the business is, but co-founder Michael Curry’s LinkedIn profile says that he’s been co-founder of TurboFlix for seven months. We reached out to verify, but Vault of Satoshi didn’t immediately respond to requests for comment.
Users will have plenty of time to settle trades and cash out on deposits at the exchange. But the exchange will not accept any new deposits.
According to the announcement, they are closing strictly because of their new business, not due to mismanagement of funds. The announcement, plastered over the website front page, reads:

This post was published at Coin Telegraph on 2015-01-05.