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Cloudflare took down our website after trying to force us to pay $120000 within 24h
(robindev.substack.com)
This is a most excellent place for technology news and articles.
Until Cloudflare responds to the post, it is IMO most beneficial to assume that the OP is being truthful and forthright. Doing so puts pressure on Cloudflare to either clarify or rectify the situation, whereas treating Cloudflare as though they are above suspicion accomplishes nothing.
After all, OP is very much the little guy here.