On the one hand ICANNT is finally stepping in.
Actually I believe that's the first time they take such decisive action. On the other hand when the dog barks the dog doesn't bite.
However registerfly is such a mess that I don't see how they are going to sort out their internal problems in just 2 weeks. IMO too much damage has been done.
Therefore I bet F$500 on the termination of registerfly as an accredited registrar.
I predict that the company will be placed in some sort of receivership and I can see another company taking over the remnants of registerfly.