Printr, a Launchpad platform backed by Bybit, announced that its CEO, Fed, has resigned from his position, with COO Lennon stepping in as the new CEO. Fed will transition to an advisory role. The resignation follows incidents where malicious actors, such as Fax, used Fed's name for misleading promotions, leading to a loss of community trust and a sell-off of ecosystem tokens. Fed cited the psychological toll of these pressures as a reason for his departure. In response to the situation and to rebuild trust, Printr has committed to refunding all funds raised during previous community sales. The platform plans to release detailed refund procedures within the next seven days.