What happened to MC Crypto?

So, can you tell us what exactly transpired with MC Crypto? We've heard rumors of some major upheavals within the company, and we're eager to get to the bottom of it. Did they suffer a significant hack, or were there issues with their business model? Did regulators step in, or did they face internal strife? We're all ears, and we're dying to know the full story behind MC Crypto's recent troubles.