I hate to say it, but i kinda saw this coming. Ever since they went public, i lost trust in them as they become beholden to profit maximizing shareholders. I switched away 3 years ago. The part I didn't expect was the lies and insolvency.
I switched to StorJ, which supports S3 and works as a drop in replacement for a lower price.
Another good drop in alternative that speaks S3 is scaleway. Their based in France, but it's a bit more pricy, especially with the US$ taking a nosedive against the euro.