Figured this was safe to post since the story was breaking containment and the CEO admitted to misappropriating charity funds on twitter.
Earlier this week, popular VTuber Ironmouse accused talent agency VShojo of failing to pay out money she was owed, including over $500,000 for charity as part of a record-breaking Twitch subathon last fall. Now, VShojo has revealed it’s shutting down after failing to raise more investment funds and the CEO has even admitted to spending some of the charity money on trying to keep the business afloat.
It gives me no pleasure to learn that the business imitating japanese idol agencies was abusing their position and financials in relation to their “talent”.