Had to search a bit to find what's that about, and found this post on their subreddit:
I'm not sure if post is within the guidelines of this subreddit, so if not, just remove it.
I'm trying to dispel a lot of false posts/stories circulating today stating that Patreon "now owes millions" in legals fees it cannot pay and to hurry up and close your accounts.
This is 100% false, and information spread by a certain group who is very unhappy that a particular creator got banned.
What happened is 72 of his followers filed arbitration cases. Patreon tried to get an injunction against them in CA court under a clause that forbids class actions.
The judge only issued a tentative ruling that denied Patreon's motion for an injunction. If Patreon ultimately has to arbitrate those cases, they could have to pay up to $10,000 per case, or $720,000.
The "Patreon lost a lawsuit" and "owes millions" story is 100% false.
Still don't know exactly what is happening with them, though. Could you share a link?
