Mythical Games and Fenix Games Reach Settlement

LOS ANGELES--(BUSINESS WIRE)-- Mythical Games and Fenix Games are pleased to announce they have reached an amicable settlement agreement.

On December 22, 2022, Mythical, Inc. initiated a lawsuit against Fenix Games LLC, Rudy Koch, Chris Ko, and Matthew Nutt in Los Angeles Superior Court, Case No. 22STCV39889. The parties have resolved the matter and entered into a confidential settlement agreement wherein no party admitted to fault or liability.

Messrs. Koch, Ko, and Nutt are no longer employed by or associated with Phoenix Group or Cypher Capital, nor did they receive a $150 million investment from Phoenix Group or Cypher Capital.

About Mythical Games

Acknowledged by Forbes’ Disruptive Technology Companies To Watch in 2019 and Fast Company’s World Changing Ideas 2021, Mythical Games is a next-generation game company creating world-class games and empowering players to take ownership of their in-game assets through the use of blockchain technology.

Mythical’s “gamers-first” focus comes naturally; from the beginning, it’s been powered by industry leaders. The team has helped develop major franchises, including Call of Duty, Guitar Hero, DJ Hero, World of Warcraft, Hearthstone, Diablo, Overwatch, Magic the Gathering, Dungeons & Dragons, Oculus, Madden, Marvel Strike Force, and Skylanders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240205772633/en/

Nate Nesbitt
Head of Communications
[email protected]

Source: Mythical Games

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