Well, Alan dropped his "evidence", and honestly it's a lot to process, so I'm gonna link to some people on the bird site that have analyzed his statement better than I could.

Here's a link to his full statement: https://medium.com/@alan_43400/my-statement-3a66fd37978a

And then here are all the people who have summarized/poked holes in it:
https://twitter.com/chromeohnine/status/1600354773550522369
https://twitter.com/Hot_Bid/status/1600362530198630400
https://twitter.com/boba_ck/status/1600376820964024326
https://twitter.com/thecheatdotcom/status/1600373243541848064

#PandaGlobal #SmasWorldTour #SWT #SSBM

#PandaGlobal has released a new statement (https://twitter.com/PandaGlobal/status/1599631343159480321) saying that, effective immediately, Dr. Alan is no longer the CEO, and also that the #PandaCup Finale is postponed until further notice.

Also interestingly enough, Dr. Alan has doubled down on saying that #SWT has lied to everyone and that #BeyondTheSummit is the one harming the community. (https://twitter.com/DrAlanB/status/1599644902807068673) Supposedly he has more 'evidence' on this coming soon, but it should be interesting to see how he views reality.

Also:

- #Coney said he doesn't see how he'll stay with #PandaGlobal after this (https://clips.twitch.tv/PoisedHelplessSpiderKappaRoss-mOgau2kE6TgXuRIR)

- #TurnDownForWalt is looking for new opportunities now (https://twitter.com/turndownforwalt/status/1598861982664650752)

- #iBDW stated he'll be leaving (https://twitter.com/iBDWSSBM/status/1598842351782621191?t=fk0FWVigwbAesPD-a_6bbQ&s=19)

- #WaDi also stated he'll be leaving (https://twitter.com/WaDiRob/status/1598864893620662272?t=CEmb19wJ6ur2zhDAO6EDcw&s=19)

More updates.

- #PandaGlobal has officially put out a response, which basically says that aside from the incident with #BeyondTheSummit, all other claims against #DrAlan and the organization's influence on #Nintendo to cancel the #SmashWorldTour, are false (https://twitter.com/PandaGlobal/status/1598741395870605312?t=gT6jx8hIZeQnMIa7_hYWQg&s=19).

- #LudwigAhgren has put together a tournament, the #ScuffedWorldTour, on the same date as the #PandaCup (https://twitter.com/LudwigAhgren/status/1598768948815618048?t=18CD9ECs7wHh8jeECBhtTA&s=19), with potential sponsorship from #Jacksepticeye (https://twitter.com/Jacksepticeye/status/1598991868230250496?t=tQ2pQRL0VipsgvbD0KcRqQ&s=19)

In more confusing updates to this, #Nintendo released a statement in regards to SWT's statement about what they said previously:
https://www.ign.com/articles/nintendo-issues-full-statement-over-smash-world-tour-cancellation

And here is the SWT's statement on Nintendo's:
https://docs.google.com/document/d/1lWrVKGYaAs0Cr12jfJ890yUdHdARkJKvIBr6i0SsQ1k/edit

TL;DR - Nintendo's trying to backpedal and promote #PandaGlobal as being "for the community", but the community wants nothing to do with them. #SWT is still currently cancelled.

People's Champ, Bobby Scar, might have had the right idea all along:
https://www.twitch.tv/bobbyscarspeaks/clip/EmpathicCoyWoodcockMingLee-zyZ-7IQJr7P2Zrrc