https://www.google.com/appserve/mkt/p/AFnwnKVgd7OkGUogRQk0FotmLbIOzpHDEYHU5ggm7bTM8XxZT1yyliagWzJQIMuO7PN1nlXK1UELcgfKkSpsX8o9FQ2WtEL6IeJS5GtoPwTl4WDI0zq_1UAOT-zluopNHz0Lq-MhIwpIL_MHorvzrlC3ytW1_rxsJe0V4V_GEIsF_P1KyFiysZjNh23zppzV8XM23QuJngyQXqtUY_BaYFpVwuVB … I feel like it's a pretty fair reason, IMO. My channel's getting affected, too.
No, that's the old system, because anyone over 100,000 could get one without any actual need of verification. I don't really agree with their extreme implementation, but I can see their perspective.