CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
Saturday, August 2, 2025
No Result
View All Result
CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
No Result
View All Result
CRYPTOREPORTCLUB

Subnautica studio co-founder says he’s suing parent company Krafton

July 11, 2025
157
0

The drama surrounding the significantly delayed release of Subnautica 2 continues with Charlie Cleveland, co-founder and former director of Unknown Worlds Entertainment, announcing via a post on X that he and unnamed others have filed a lawsuit against Krafton, the studio's parent company since 2021.

Cleveland, along with Ted Gill and Max McGuire, were relieved of their leadership roles at Unknown Worlds last week by Krafton. Bloomberg reportedthat they had been effectively "pushed out." This occurred shortly before Krafton would reportedly owe Unknown Worlds leadership a $250 million bonus for meeting certain goals.

Related Post

X has to prove it wasn’t negligent when removing CSAM from its site

X has to prove it wasn’t negligent when removing CSAM from its site

August 2, 2025
YouTube is testing Instagram-style collabs

YouTube is testing Instagram-style collabs

August 2, 2025

The alleged lawsuit follows Krafton's recent statement accusing Cleveland and other studio leadership of "abandoning their responsibilities." The parent company claims these executives' behavior led to significant delays in Subnautica 2 's early access release, which is now slated for early 2026. Krafton also claimed that approximately 90 percent of the $250 million bonus was already paid out to Cleveland, Gill and McGuire.

In his post, Cleveland strongly refuted Krafton's claims, asserting that Subnautica 2 is in fact "ready for early access" and that any allegations regarding abdication of leadership and financial motivations are false. "Subnautica has been my life’s work and I would never willingly abandon it," Cleveland wrote.

He also firmly denied accusations that he and other executives intended to keep the promised $250 million bonus for themselves, saying, "I’m in this industry because I love it, not for riches. Historically we’ve always shared our profits with the team and did the same when we sold the studio. You can be damned sure we’ll continue with the earnout/bonus as well."

Details about the lawsuit, including the jurisdiction, named parties or specific causes of action remain unclear. Subnautica 2 is still slated for an early access launch sometime in 2026, though it remains to be seen if this new legal drama will cause further delays.

This article originally appeared on Engadget at https://www.engadget.com/gaming/subnautica-studio-co-founder-says-hes-suing-parent-company-krafton-153412484.html?src=rss

Share212Tweet133ShareShare27ShareSend

Related Posts

X has to prove it wasn’t negligent when removing CSAM from its site
Technologies

X has to prove it wasn’t negligent when removing CSAM from its site

August 2, 2025
0

X isn't off the hook yet when it comes to a significant legal case about child sex abuse content on its platform. On Friday, a circuit judge from the US Court of Appeals ruled that X Corp. has to again face claims that it was negligent in taking down child...

Read moreDetails
YouTube is testing Instagram-style collabs

YouTube is testing Instagram-style collabs

August 2, 2025
Instagram public accounts with less than 1,000 followers can no longer go live

Instagram public accounts with less than 1,000 followers can no longer go live

August 2, 2025
A terrific 2D Ninja Gaiden, housefly bucket lists and other new indie games worth checking out

A terrific 2D Ninja Gaiden, housefly bucket lists and other new indie games worth checking out

August 2, 2025
OpenAI is removing ChatGPT conversations from Google

OpenAI is removing ChatGPT conversations from Google

August 2, 2025
Microsoft is killing its failed ChromeOS competitor, Windows 11 SE

Microsoft is killing its failed ChromeOS competitor, Windows 11 SE

August 2, 2025
Everything you need to know about iOS 26 beta release: How to download it on your iPhone, new Apple features like Liquid Glass and more

Everything you need to know about iOS 26 beta release: How to download it on your iPhone, new Apple features like Liquid Glass and more

August 2, 2025

Recent News

‘Chokepoint 3.0’ Has Arrived? a16z Warns of Anti-Crypto Bank Tactics

August 2, 2025
X has to prove it wasn’t negligent when removing CSAM from its site

X has to prove it wasn’t negligent when removing CSAM from its site

August 2, 2025

Bitcoin Miner Profits Hit Highest Monthly Mark Since Halving: JP Morgan

August 2, 2025
YouTube is testing Instagram-style collabs

YouTube is testing Instagram-style collabs

August 2, 2025

TOP News

  • God help us, Donald Trump plans to sell a phone

    God help us, Donald Trump plans to sell a phone

    546 shares
    Share 218 Tweet 137
  • Investment Giant 21Shares Announces New Five Altcoins Including Avalanche (AVAX)!

    545 shares
    Share 218 Tweet 136
  • WhatsApp has ads now, but only in the Updates tab

    545 shares
    Share 218 Tweet 136
  • Tron Looks to go Public in the U.S., Form Strategy Like TRX Holding Firm: FT

    545 shares
    Share 218 Tweet 136
  • AI generates data to help embodied agents ground language to 3D world

    545 shares
    Share 218 Tweet 136
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Crypto news
  • AI
  • Technologies

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved