Insiders: The DeGods set to bridge to Ethereum have actually failed

ChainCatcher news, Twitter KOL @3orovik stated that the bridge to Ethereum for DeGods has actually failed, and the team has gone bankrupt. Their analysis suggests that by keeping all funds in SOL, DeGods lost 90% of the minting funds (Frank had previously mentioned being forced to sell 85% of the treasury funds to pay taxes, at which time SOL was around $30).

However, some DeGods holders questioned that Frank actually sold the treasury funds when SOL was around $80. Frank had stated during the FTX collapse that all funds were kept in USDC. (source link)