I think you're spot on. It feels like parts were edited with AI and parts were left alone.

> This isn't just a Digg problem. It's an internet problem. But it hit us harder because trust is the product.

The statement this is making is presumably the crux of the problem (Digg cannot survive without trust!) but it's worded so poorly that it's hard to imagine someone sat down and figured these three sentences were the best way to make the point.