I think someone figured that Putt probably signed the source code away for funding from the angel investor. Then they backed out and Putt was left with nothing and couldn't talk because of the NDA they most likely signed.
Seems to make the most sense to me anyway. People came out of the woodwork to give money at the end. Could probably have floated it for a few months at least.
That or Putt was just straight up done dealing with Voat and didn't want to just come out and say he was sick of all our shit and the target on his back.
Main sponsor was bought by an Israeli company. Not out of the question that the angel investor went in a similar direction.
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