ParaSpace Drama: Internal Conflict, Missing Funds, and the Battle for Control

The nonfungible tokens protocol ParaSpace is embroiled in an internal conflict, as developers accuse CEO Yubo Ruan of mismanaging 2,909 ETH worth of recovered funds, while Ruan alleges an “illegal takeover” by former consultants. The situation underscores the importance of accountability, transparency, and mutual understanding within crypto projects to maintain trust and stability.