Neon Machine Founders Allege Investor Takeover Attempt Amid Shrapnel Game Development
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Neon Machine, the studio behind upcoming blockchain game Shrapnel, is embroiled in a legal dispute over an alleged coup.
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Six Neon founders filed a lawsuit against investor Cort Javarone, alleging he appointed himself CEO and removed the previous CEO.
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The founders claim Javarone is trying to take over the studio and has not delivered promised shares to new investors.
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There are concerns Javarone may be trying to use Neon's funds to resolve his own debts.
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Despite the turmoil, Shrapnel states that development continues on its blockchain shooter game set to launch in early access soon.