Former Pudgy Penguins co-founder sells out NFT collection in dramatic return
Aug 11, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan

Share:
AI Overview
Cole Villemain, a Pudgy Penguins co-founder ousted in 2022 amid accusations of draining the project treasury, has sold out a 44,444-piece NFT collection on Robinhood Chain for more than 684 ETH (about $1.28 million), according to on-chain observer @0xmani. The rapid sell-out demonstrates fundraising and NFT adoption momentum on Robinhood Chain but raises security and reputational risks given prior allegations and questions about a potential scam.
Bullish
Cole Villemain, the Pudgy Penguins co-founder who holders voted out in 2022 over accusations that the team drained the project’s treasury, has sold out a 44,444-piece NFT collection on Robinhood Chain. On-chain observer @0xmani reports that the collection was sold for more than 684 ETH (roughly $1.28 million). Is Cole Villemain running an NFT scam?...




