Logged on today played a few games (lvl32), logged off and when i logged back on for the second time today i was level 5. It has been a few hours now and still no change.

Crytec did say that people caught cheating would have their stats reset. You my friend have been caught cheating. Nuff said.. Now piss off ya hacker

Odd thing is I saw no updates today even after redownloading the game. Still vs 1.1 Server side patch?

Check your email. I got an email from crytek saying my account has been reset because I was caught cheating despite not using any sort of aim hack, wall hack, cloak hack or any of the other stuff I've seen countless other people do since I've started multiplayer and still do today. Despite only being level 26 I was reset so whatever. Either I'll get the levels back or, more likely, I'll just stop playing this sad excuse for a multiplayer game, finish single player and move onto a game made by a company that actually puts some thought into their game to prevent insane hacking day one.