User blog comment:Look4Sonic/Worst. CP. Screw-Up. Ever./@comment-791183-20100220010632

Don't worry guys. They just reset the server. It was only on some servers though, notably Iceland.

Servers are physical things, so I'm guessing somebody messed it up by modifiying the default time. Everything you did on the bugged servers since the glitch happened will be lost, but at least you'll regain your stuff. Don't worry guys.