Does anyone know what happened to sbUSD on SmartBCH. Seems $1 is only worth $0.42. Did it collapse already?

I know I am an idiot but I put nearly $20k into this stupid stable coin idea.

Anyone know what happened? Any way to get any of my money back from these people?

Thanks.

Does anyone know what happened to sbUSD on SmartBCH. Seems $1 is only worth $0.42. Did it collapse already?