http://www.bbc.co.uk/news/uk-scotland-tayside-central-11003456 Story from the british press about the company that makes it just going in to administration.
GTA is for kids (as in most GTA players are kids, save a few), and MMOs are for adults. Now if you're gonna take the Teletubbies and turn it into an MMO, and market it to adults, I doubt you'll succeed. As is the case with APB.
the concept was fine. it is just the company that screwed it up. lots of little stupid annoying bugs.. hacks gone wild.. spam gone wild.. no GMs.. balance issues.. bottom line, the game wasn't finished.. not to mention it should have been a free to play game in the first place (Guild Wars style).