Apple iCloud and Ventura

I just got this email from Koingo software that they have ceased operations because of the loss of files using iCloud and Ventura. Has anybody else have any insight into this?
I find it a little disturbing that this can happen. You can reach them at https://www.koingosw.com and read their blog about it.

There’s an ongoing discussion here on TidBITS Koingo temporarily shutting down due to data loss

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