It all started in january when the company, then called infinite reality,. By november, the funds vanished, sparking shareholder outrage, stock plunge, and fraud allegations. Napster’s future is uncertain as the company’s $3 billion funding falls through The company’s ceo says napster was a victim of misconduct. Napster claimed it raised $3b from a mystery investor Months later, the investor and money vanished
Here’s the full investigation, timeline, and fallout. With this significant warchest, infinite reality aims to continue to build on the many initiatives it kicked off in 2024, including the execution of acquisitions, landmark partnerships, and product launches. Napster corp., the visionary force formerly known as infinite reality, has just announced a groundbreaking funding milestone, having raised $3,000,000,000 in its latest investment round.
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