Artizen accused of being first crypto rugpull targeting public goods founders
devanshmehta · x · 2026-10-06
Devanshmehta now publicly calls Artizen the first crypto rugpull aimed at public goods project founders, citing: displayed match multipliers up to 10x that pushed founders to tap their networks; Artizen later admitting it never provided matching funds while charging a 10% fee; withdrawals of even 90% of community funds being indefinitely delayed; and core team members being named. A quoted post adds that founder Rene built years of highly compelling content—weekly multi-hour showcases, polished presentations—that won over many smart, wealthy people, and that in hindsight it "may have been too perfect."
Related event: Artizen Shutdown Sparks Rugpull Allegations from Public-Goods Founders(2 posts)→
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