The rest of the team is saying goodbye to Avalanche-based social finance platform Stars Arena. And the situation is getting heated, with criticism and accusations filling the comments section.

According to a tweet posted on Monday evening (UTC time), “as of today, KookCapitalLLC has been relieved of his duties as a member of the Stars Arena team.”

Yesterday, Kook tweeted that “it is with a heavy heart that I must announce my retirement from” Stars Arena, and that despite his goal to support founder hannesxda, aka ‘theBuilder,’ “I have had serious issues with management and direction for some time. .”

And Starts Arena may not be possible. They stated that,

“We are continuing the transition to a new team without the presence of former members.”

Commenters generally expressed confusion and criticism regarding the latest news coming from the project, asking for clarification on what happened.

Some participants suggested that there might be a rug pull.

And many of the accusations, including from Kook, mention members of Chill Pill

In his resignation tweet, Kook wished the project “good luck,” but this appears to have changed since then.

Kook has posted several tweets suggesting that some kind of reveal may be on the way, which would reveal the team's dirty laundry to the public.

As for Chill Pill, it was announced on October 29 that he was stepping down from his role as CEO.

“We will continue to take significant steps to rebuild trust with our community,” Stars Arena said at the time.

False Accusations

On October 27, the project issued a statement saying it failed to “ensure the pace of construction meets expectations.”

To remedy this situation, Star Arena is transitioning to a “legal entity,” which is said to allow the project to expand its internal tech team following the exploit.

TheBuilder (hannesxda) has been “fully reintegrated” into its technology operations.

This post also received criticism, with some users claiming that the update had been made without prior communication.

On October 31, Builder issued a lengthy statement “regarding recent events,” saying that,

“The truth is, we couldn't function as a team. I am very sorry. Now there are fights and some false accusations, which is even worse.”

Also on October 27, Star Arena announced “concrete steps” towards funding, stating that it was partnering with Avalaunch, a protocol for the Avalanche ecosystem, “to help us through our funding round.”

Then, on October 30, Avalaunch tweeted that there was “nothing more than an informal partnership between the two teams,” and they have ended it, stating:

“Unfortunately, it became clear that there was too much going on around this project that we were uncomfortable with or didn't understand.”

As reported, Stars Arena experienced an exploit on October 7 that resulted in nearly $2.9 million worth of AVAX being stolen. The team recovers 90% of users' assets, while hackers are offered a 10% reward. It has been relaunched on October 15