"Mighty Networks was founded by Gina Bianchini (CEO), Tim Herby (CTO), and Thomas Aaron (Chief Product Officer, or CPO) ... Gina previously launched a platform called Ning in 2007, which gave people a way to create their own social networks ..."

https://docs.mightynetworks.com/for-hosts/meet-mighty/who-founded-mighty-networks

.. and then pulled a classic bait-and-switch, putting up a paywall, and cutting of the communities they'd locked-in to their platform;

https://www.cnet.com/culture/andreessen-founded-ning-cuts-staff-free-service/

(1/2)

#MightyNetworks #NingingProducts #RugPull

Who Founded Mighty Networks? - Mighty Networks Developer

Mighty Networks Developer

$LIBRA: Un año de estafa presidencial

Hoy, 14 de febrero de 2026, se cumple un año del estallido de la estafa vinculada al token $LIBRA, el criptoactivo que fue promocionado públicamente por Milei y que terminó desplomándose en cuestión de horas, dejando miles de damnificados en la Argentina y el exterior. Lo que se presentó como una herramienta para “financiar emprendimientos” y dinamizar la economía terminó convirtiéndose en uno de los escándalos financieros y políticos más resonantes de los últimos años. Por […]

https://noticiaslainsuperable.com.ar/2026/02/14/libra-un-ano-de-estafa-presidencial/

Some people never learn OR is this a case of learning how to grift bigger and better?

Ex NYC Mayor Adams accused of a rug pull crypto scam. https://nymag.com/intelligencer/article/eric-adams-crypto-scandal-nyc-carone-cullen-zvieli.html #Crypto #CryptoCurrency #RugPull #Scam #NYC #$NYC #MarketMaker #CryptoWallet #Grift #DigitalToken

Our company just migrated from a legacy product tracking system to a shiny new one. Not a full month into the new year and the #SAAS provider is starting to charge money for #API access.

Hilarious to be rugpulled the instant we cut over to a new solution. I used the API to automate uploading tons of documents as part of the migration, but if this had happened a month ago people would've probably still been doing it by hand as of today.

#Rugpull #Enshittification #EnterpriseTech

RE: https://indieweb.social/@web3isgreat/115888963974814557

There are no maps for these #rugPull territories.

RE: https://hachyderm.io/@thomasfuchs/115885605298830789

There are many reasons why #FuckEricAdams is a popular hashtag among fedi people in #NYC

Here's another one:

#uspol #crypto #rugPull

RE: https://mastodon.social/@redest_hat/115807498823448248

Once enough money flows in from investors, the developers, who control all the tokens, dump their entire holdings at once. This crashes the price to zero instantly. They then shut down everything and vanish with all the funds. #Cryptoscam #Rugpull #cryptoinvestment