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Does anyone know the official reason EP shut down?

I have a theory but was curious if anyobe heard. The timing makes me think i could be correct.
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CreyvinMoorhead · 36-40, M
New York federal court class action lawsuit against secretly tracked its users through its ConnectID technology.

“Privacy-invasive” since it is a workaround to privacy mechanisms that are designed to prevent user-based tracking.

It happen to Yahoo Inc. also, nationwide class of consumers who had their communications with third parties intercepted or used by Yahoo without their consent, or who had a ConnectID or other identifier intercepted or assigned by Yahoo.


https://insanitek.net/experience-project-shutting-due-privacy-issues/