Looks like FUD. The original LBRY shut down, but Odysee was spun off into its own business entity, which appears to be very much in business, and the current home page doesn't seem to contain a trace of "far-right" content. The underlying platform is a decentralized blockchain, and will maintain continuity regardless of what business entity is acting as its front face at the moment.
[1]https://www.theguardian.com/technology/2023/jul/16/lbry-clos...