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Pudgy Penguins co-founder ColeThereum sells out 44,444 NFTs on Robinhood Chain
['Hannah Collymore', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
Cole Villemain, former Pudgy Penguins co-founder, sold out a 44,444-piece NFT collection called Spritehood Wisps on Robinhood Chain, raising about $1.28 million.
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.
In its first few weeks, Robinhood Chain documented wallet drainers, phishing pages, and rug-pulls spreading across it.
What was the Pudgy Penguins co-founder accused of?
By April 2022, the individuals left in the team sold Pudgy Penguins to a group led by Los Angeles entrepreneur Luca Netz for 750 ETH, worth about $2.5 million then.