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Printr will fully refund the community funding, and the founder will resign from the CEO position.

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PANews
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2 hours ago
AI summarizes in 5 seconds.

PANews April 30 news, the cross-chain Meme coin Launchpad platform Printr founder Fed stated on the X platform that due to health reasons and the recent community trust crisis, he has decided to resign as CEO, with COO and business growth head Lennon taking over, while CTO Lea will continue to serve. Fed stated that the project Fax previously used the Printr platform for token issuance and deceived users, leading to a sell-off of tokens within the ecosystem. Although he did not participate or endorse it, he faced a lot of blame and threats, which had a serious impact on his mental health. To rebuild trust, Printr will refund all funds raised from the community sales, and participants will receive refund arrangements within 7 days. Fed will transition to an advisory role.

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