Yes, indeed, same here. When you updated the plugin from 2.3.2 to 2.4.0, then you broke something while modifying the code related to Sendgrid API. So this update seemingly impacted all users of the plugin who use Sendgrid, including me myself and all our 400 WP based websites that all use Post SMTP and Sendgrid. So downgrading to 2.3.2 in the meantime.