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Stars Arena announced that its CEO, Chill Pill, has resigned.

BlockBeats reported on October 30th that Stars Arena, a simulated trading project in the Avalanche ecosystem launched by friend.tech, announced on social media that its CEO Chill Pill had resigned and that they plan to take significant steps to rebuild trust with the community.

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Resignation of Stars Arena CEO leads to another crisis of trust for the "FT's Hottest Imitation Trading Platform".

Within less than a month of its launch, Stars Arena experienced incidents such as fund theft and leadership changes, which raised questions from the community.

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FT simulation platform Stars Arena was stolen, and community users questioned whether it was a theft or a rug pull.

Loss of approximately $2.9 million.

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