According to monitoring by Lookonchain, POAP founder Patricio Worthalter deposited 4,000 ETH (approximately $10.79 million) into the Gemini exchange 8 hours ago. He still holds 54,967 ETH, valued at around $149 million. Back in August, Isabel, the co-founder of the Proof of Attendance Protocol (POAP) project, announced that after over 5 years of operation, POAP would gradually cease operations. She mentioned that the crypto industry's funding cycles and distribution models made it difficult for the company to achieve sustainable operations without deviating from POAP's original vision. https://(wublock123.com)/news/poap-founder-deposits-4000-eth-to-gemini-69522