I think everyone here should stop panicking and just wait for the official statement of the team
In times like these, someone from the official team of the project should try to be there at all times responding to concerns and fears. Their absence or silence, even if only for a while, may be perceived in a negative way by those who are already imagining a lot of things. This is to control the damage that has obviously affected Titanium's reputation.
I hope the project will rise back quickly enough and recover.