This project is similar to a good and multifunctional solution. However, the team is not very active in updates about  development. I think they need to fix this, because it bothers the community. I think this is still a living project.

What is the latest development and product?  FSBT need more exposure... Try to push with google ads and listing in new exchange..... FSBT supposed to be a World Crypto Bank

Their telegram group is no longer available, only the news channel & the last news was in April 26.

Is this the way they do business or am i missing something? Anyone following what they are doing?

I am in the channel and it is still active.
But it is a shame that this project has not lived to the expectations. I am following them from almost the start. The product they are developing is something actually needed in European markets and has huge potential.

BUT, from the begging they have been struggling with the marketing, they failed to raise money in the hype time when their ICO was ongoing. And the biggest fail regarding their marketing strategy was the re branding to API token, I mean why the hell you would call your token API token?!
This name automatically is a no for anyone looking to invest or speculate on the token price. Yes, it is correct that token is used for API payments . There are thousands of tokens which are used only for specific reason in small ecosystem, but they do not go and sink their potential by re branding their token name to some kind of technical token.

Till today, nothing has changed. I will dump the tokens if the new exchange gets announced.

The project is dead like all other banking crypto projects. Not less nor more..  This project is the perfect example of how not to run the altcoin project and the failure rate is high among the business-banking projects, especially in the decentralized crypto space. I advise to delete their telegram channel if they don't want to answer questions of the investors.