Well there you go. The media report about the loss of the...

Well there you go. The media report about the loss of the bitcoin.com.au name was misleading to say the least, and just plain wrong at best.

Qntra has received a statement from Shane Murphy of digitalBTC regarding the bitcoin.com.au domain name.
Statement from digitalBTC:

"The domain in question was disposed from our portfolio immediately after the company became aware that there were serious issues with the domain, as the domain has been banned from various social media sites including Facebook.com. The company returned the domain name and was fully refunded. Our portfolio now contains the highly rated coin.org"

Statement from Zhenya Tsvetnenko:
"The domain in question was acquired with the possibility of being used for marketing purposes. Unfortunately it was discovered the domain has some serious issues not disclosed by the original vendor, which make it severely restricted in use if not valueless for any purchaser – I'm reserving my rights of course in that respect. As a result I chose to refund DCC so the company would not need to get distracted by those issues. The domain has now been dropped. I’m highly pleased that DCC has since secured the superior coin.org domain."