I just received the following email from ecademy.com.  It is an unfortunate tale of the site being hacked, the customer database stolen, the company being sued and as a result of the verdict and legal expenses they have decided to shut down. 

Dear members, clients and guests of our portal,
Over the last few years our portal has helped you to organize your business, find new partners and increase sales.However, all good things end. Many of you know that we have experienced legal problems over the last year. Our competitors from other social networks are trying to take over our client base.
Our website has been hacked and our database was stolen. After that we were taken to court because of identity theft.Unfortunately, legal expenses and unfavorable court verdict with following closure of our bank accounts will lead to closure of our website. All paying members will receive refund starting from March 14th.
Please check attached file for legal information in regards to your account.

Best regards,

The Ecademy TeamEcademy – The Social Network for Business People
Company Registration:3651083 VAT:718 0377 36