Overview

• CEO Justin Ignacio admitted spending funds raised by creators—including over $500,000 intended for the Immune Deficiency Foundation—and mismanaging an $11 million investor-backed “talent-first” model
• Twelve of the agency’s thirteen contracted VTubers quit within days of Ironmouse’s July 21 departure, citing months of unpaid wages
• On July 24 Ignacio announced that VShojo had run out of money and would shutter operations with no plan to repay owed funds or deliver the promised charity donation
• Ironmouse’s independent Tiltify campaign has now surpassed $1.2 million for the Immune Deficiency Foundation since breaking away from the agency
• Former VShojo talents including Veibae and Camila say long-standing NDAs, legal threats and hush-money offers are now void and are pursuing legal remedies for unpaid earnings