They did address the ownership. It's a non-profit. The people running the show are associated with many of the greatest open source projects. Projects where literal geniuses have donated thousands of hours to make software and services available to you and I free of charge.
You know how Discord now has a channel for every game or new service that comes out? Freenode IRC has always been like that, except for core and interesting FOSS systems. For example, actual Linux maintainers might be in a #linux channel, and the guy who invented the Nim programming language would hang out in #nim.
The people running the show are those people and friends of those people.
The guy who was f'ing with it was just some greedy guy who got control of the domain name and lied and said he wouldn't interfere with the non-profit activities. But then he started advertising lame services on the home page and messing with the networking etc.
So they fixed it by getting a new domain. Because they are problem solvers.