CommentStreams:A2797765522a96c10ba151965d3dfee5

The message is still part of https://cdn.smutstone.com/s2/fbadc975.app.js:

And by the look of it I tend to agree that it looks like it might be true. After all they added a new variable to track it G_UP_NEWS (maybe Guild Update News?).

"Season ends at ".concat(new Date(1e3 * t).toLocaleString, ". Top 50 Guilds will receive their rewards. Your Medals, Guilds Rating and Guild Shop will be reset."

I guess that explains why many top 20 guilds decided to spend all their medals like no tomorrow.

And if it does actually happen then to me it would mean that developers are entirely disrespectful of their player base, resetting people progress as they like.