Agreed, it's a totally made up reason. I do wonder if there wasn't some external pressure on Discord to do this.
Btw, the SSL cert on polylab.co expired 7 days ago! Might want to check on that :)
Thanks for the heads up!
They were banned after "repeated warnings". It's possible that those warnings began before these market movements.
They could've just as well "repeated" the "warning" one last time and shut them down next week. They choose to act now. At the very least, this was a PR mistake.