Is LocalMonero shutting down?

Could you possibly enlighten me on the current status of LocalMonero? I've heard rumors circulating about its potential closure, but I'm eager to know the truth. Is there any official announcement or statement regarding this matter? I'm quite concerned about the future of this platform as it has been a reliable source for Monero transactions. Could you provide any insight or clarity on this issue? Your expertise in the field of cryptocurrency and finance would be greatly appreciated.