Studiotraffic failed

I read so much about Studiotraffic's failure that I'm confused of the real reasons of why that happened ! Some employees were good, but not paid well ; the MANAGER wasn't much serious about bringing up the business for better & was more interested in money that was already collected from the sponsors & members. Finally, the whole website suddenly closed down without any notice & millions suffered ... Not a happy ending.
Everyone feels cheated by studiotraffic, that's it. It has done only one thing - lessen people's trust on online programs that take money as investment ! Shame shame studiotraffic :-(