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Is Carbon still in business?

It seems that many Carbon services are now off line. Is this just temporary or will it be permanent? What's the current status of Carbon and its services to projects like Telos?

Answers 1

Since nobody from Carbon answered yet, I'll provide Dan Shiferaw's message from their Telegram channel:

In light of the evolving Covid-19 situation and increased disruptions and volatility in the markets, we are suspending liquidity for our onramp tentatively until the end of Q2. No further development on the onramp will be taking place in the near future. Users will not be able to purchase cryptocurrency apart from those provided on loan to us. We will still be offering our beta payment gateway services and any services not relying on crypto liquidity. We strongly encourage all to take the appropriate precautions as organizations and as individuals.

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