After nearly 8 months, it does indeed appear that Cutthroats is functioning properly. I received all my ammo, boosts, and 17,900 coins when I arrived. My kills were recorded from where I left off. I was a level 31 again. I left the space and went back and everything remained intact.
That is excellent news!
i will be back with in a few weeks. Hopefully all the originals are still doing their thing. Good luck to everyone playing CT and to all my Armada friends be good and save me a spot on your ship . Happy hunting