What happened to Arkham?

Could you elaborate on the recent developments surrounding Arkham? I've heard rumors of financial instability and potential regulatory issues. Is this true? If so, what are the specifics? How has this impacted the overall cryptocurrency market? Have investors lost confidence in Arkham's ability to deliver on its promises? What steps are being taken to address these challenges? And finally, what are the long-term implications for Arkham's future prospects in the crypto space?