That's very painful to read. Codespaces went pretty much the same way, here is what they wrote:

"Code Spaces will not be able to operate beyond this point, the cost of resolving this issue to date and the expected cost of refunding customers who have been left without the service they paid for will put Code Spaces in an irreversible position both financially and in terms of ongoing credibility. As such at this point in time we have no alternative but to cease trading and concentrate on supporting our affected customers in exporting any remaining data they have left with us."

They promised a follow up once they got to the bottom of what happened but they never did, I'm still curious what the whole story was.