Web3
Pudgy Penguins Owner Is Shutting Down Its Abstract Chain, Where $47 Million Still Sits
Unchained·October 6, 2026·1 min read
Abstract, the chain owned by Pudgy Penguins, is shutting down, leaving $47 million in funds inaccessible after Dec. 15. CEO Luca Netz says the consumer-crypto bet cost tens of millions of dollars. Users must withdraw before the deadline or lose their assets.
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