Note that this one was run by a Chinese company and served mostly Chinese citizens. I'm surprised it wasn't shut down earlier.
That explains why I've never heard of it.
Maybe someone invested in another VPN and shut down this one to make the investment prove worth it. Or another VPN operator maybe did a deal with someone. There must be huge money here, when a trillion of people get interested in VPN:s. This big money will be, and must be by now in politics.
Or, yea, probably the owner of the initial company here made too much money, without the right connections or member card.
Be careful, just because they say it's a vpn doesn't make it a legit vpn service! Choose your provider wisely, go with proven and recommended providers.