Is videowood.tv Safe?

This website was marketed as a video uploading platform so you can stream that video somewhere else (your own website, forums, etc.) Rumours have it that porn videos are welcomed here - nothing wrong with that - but that makes the videos here not child safe. ...However, this site is a complete hack. They let you sign in for the first time, let's you upload a video, but once you upload your video they remove your account and you will be unable to log in again.