I heard the inside scoop from someone involved (I'm not saying this is accurate cause we all know people make shit up, but just passing it on FYI)
Apparently Fairtex USA was operating on a loss this whole time and Anthony Lin was cut off from further funds by Fairtex Thailand, which meant Fairtex USA did not have the liquidity to continue operating. Anthony took the remaining money and left the country or something.
If any of this is true (and again I'd bet the story above is a partial truth) then I wish the best for the Fairtex brand and hope some investors pick it up. Sucks for the gyms, I remember when Jake Shields was teaching at the old gym, a lot of storied fighters have gone through the gyms' doors.