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Is the license still relevant if the company has shut down?

Yes

how?

The license forbids commercial use unless you buy a license. The problem is, no one seems to be selling one ;)

So if you violate the license, who will try to sue you?

You never know, and you don't want to find out

The license is the MPL, which allows commercial use?

This is just the code license. Parents are referring to the XTTS model (their best one).