May 5, 2026
Pearl Abyss sells CCP back to its CEO for less than half what it paid, plus $20 million in crypto
Pearl Abyss, the Korean developer of hit MMO Crimson Desert , has sold Eve Online developer CCP Games back to its CEO Hilmar Veigar Pétursson for $100 million in cash and $20 million in "token acquisition rights", eight years after buying it for $225 million in cash plus $200 million in performance-related payouts. The figures were reported by Korean outlet Digital Today .
Pearl Abyss, the Korean developer of hit MMO Crimson Desert , has sold Eve Online developer CCP Games back to its CEO Hilmar Veigar Pétursson for $100 million in cash and $20 million in "token acquisition rights", eight years after buying it for $225 million in cash plus $200 million in performance-related payouts. The figures were reported by Korean outlet Digital Today . Read more
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That would explain why I haven't heard a thing about its story