Yeah, this was forced option by people. Terrahash tried to do some work in the mean time, then gets ugly when Bitsyncom messed up chip delivery. In between the difficulty rises, people get paranoid and can't stand the pressure, so they start to call refunds. This then buries Terrahash.
Also Terrahash started a bussines and bought 20.000 chips ... then (I only assume) goes all in with 20.000 more (They admitted that they never bought these... ) ... and spent the last bit of money on accessories for miners (Also false... they never figured out what to buy because they never got a fully working prototype up and running). Without responsibility You don't start the bussines that way. And the company should allways have the backup which he can afford. (True.)