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Former Pudgy Penguins co-founder sells out NFT collection in dramatic return


Former Pudgy Penguins co-founder sells out NFT collection in dramatic return

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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.

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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?...
Read the article at CryptoPolitan

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$ 1.88K

+0.16%

$ 0.00...281

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In This News

Coins

$ 1.88K

+0.16%

$ 0.00...281

+0.87%

$ 0.00602

-0.06%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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