Printr said founder Fed stepped down citing health issues and a community trust crisis after alleging a token launch by Fax on Printr misled users and sparked selling across the ecosystem.
Printr said founder Fed has resigned as CEO, citing health issues and a broader community trust crisis. According to Fed, a token launch by Fax on Printr allegedly deceived users and triggered selling across the ecosystem. Lennon, previously COO and go-to-market lead, has taken over as CEO with immediate effect, while co-founder Lea remains CTO. Printr also said it will refund all funds raised in the community sale within seven days, while maintaining that the product, staff, and roadmap remain unchanged.