Yunpan 360 cloud storage will be closed in 2017

Yunpan 360 - cloud storage providing users with 100TB of disk space at the very beginning of its work. Gradually, only 36TB began to be given to new users. Today it is 3.6 TB. It was very attractive to have such a store.
But it all ends ...

Today I downloaded the official client due to problems with the Russified client and received a notification in Chinese, after which a page with the full text in Chinese opened.

Having translated it into English in Google translator, it became clear to me that the owner is going to close the service. Confirmation was found in the English-speaking sector of the Internet:

• "360 cloud disk is closed in February 1, 2017, with immediate effect for membership refunds . "
• "360 cloud disk also announced the closure of the next, the next is Baidu, right?"

The main meaning of the statement of October 20, 2016 The
service will be gradually reduced and then turned off. On November 1, the ability to upload to the server and other data recording functions will be disabled. Users must collect their data from the servers before January 31, 2017. On February 1, 2017, accounts and data from the servers will be deleted. Users of paid accounts will be refunded.

Reason
A lot of illegal content on servers that the company is tired of fighting.