There are so many ways to handle software/service lifecycles but Cerberus' apparent approach here is questionable from both a legal & business perspective.

Not only is this possibly fraudulent/deceptive behavior* but given that their particular service is predicated upon trust we think they should care more about how untrustworthy this makes them appear.

Generally, why would we knowingly engage a seemingly untrustworthy company for a trust-based service?

--- * Although it is a "revocable license" the terms seem to only address revocation due to "good faith belief" that a user has violated the T&Cs. How to reconcile non-violation revocations of those who purchased a "lifetime" license?