Phat Loop Studios, the company under fire last week for abandoning its Kickstarter and crypto-funded MMORPG game Untamed Isles, is now denying accusations that they lost their backers’ funds investing in crypto.
The company came under fire last week after announcing a “hiatus” of their Pokemon-like open-world video game, with some of the community accusing the developers of spending game development funds to bet on the crypto markets.