Last mentioned: Mar 23, 2026
Court Ruling
Delaware Court of Chancery orders Krafton to restore the studio leadership.
Court Ruling
Delaware Court of Chancery orders the immediate restoration of UWE leadership.
Court Ruling
Delaware Court of Chancery orders Krafton to restore studio leadership and labels the AI-led plan improper.
Court Ruling
Delaware Court of Chancery orders Krafton to reverse the removals and restore studio independence.
Leadership Removed
Krafton terminates Unknown Worlds founders after they refuse to renegotiate.
Project X Execution
Krafton removes UWE leadership and attempts to seize control of game code and Steam rights.
Project X Initiated
CEO Kim consults ChatGPT to devise a strategy to avoid the $250M payout.
Project X Conceived
CEO Changhan Kim consults ChatGPT to devise a strategy to dodge the payout.
AI Consultation
CEO Changhan Kim consults ChatGPT to find ways to renegotiate or avoid the payout.
Internal Forecasts
Projections show Subnautica 2 is likely to trigger the full $250M bonus payout.
Internal Forecasts
Krafton identifies that Subnautica 2 targets will trigger the full earnout.
Bonus Panic
Internal projections suggest Subnautica 2 will trigger the $250M payout.
Leadership Removed
Krafton fires Unknown Worlds co-founders and CEO to block the earnout.
Project X Initiated
CEO Changhan Kim consults ChatGPT and forms a task force to 'take over' the studio.
Internal Forecasts
Krafton projections suggest Subnautica 2 will meet targets, triggering the $250M payout.
Acquisition Finalized
Krafton acquires Unknown Worlds for $500M with a $250M performance-based earnout.
Acquisition Finalized
Krafton buys Unknown Worlds for $500M with a $250M earnout clause.
Acquisition
Krafton acquires Unknown Worlds for $500M plus $250M in potential earnouts.
Acquisition
Krafton acquires Unknown Worlds Entertainment for $500M with a $250M earnout clause.
A Delaware court has ordered Krafton to restore the leadership of Unknown Worlds Entertainment after CEO Changhan Kim used ChatGPT to devise a 'takeover' strategy. The plan, dubbed 'Project X,' was an attempt to avoid a $250 million earnout payment triggered by the success of Subnautica 2.
Krafton CEO Changhan Kim attempted to use ChatGPT to orchestrate a 'takeover' of Unknown Worlds Entertainment to avoid a $250 million earnout payment. The Delaware Court of Chancery ruled the move improper, ordering the immediate restoration of the studio's leadership.
A Delaware court has ordered Krafton to reinstate the leadership of its subsidiary, Unknown Worlds Entertainment, after CEO Changhan Kim used ChatGPT to orchestrate a 'takeover' aimed at avoiding a $250 million bonus payout. The ruling highlights the severe legal and ethical risks of using generative AI to circumvent contractual obligations and manage executive talent.
The Delaware Court of Chancery has ordered Krafton to reinstate the leadership of Unknown Worlds Entertainment after CEO Changhan Kim used ChatGPT to devise a 'takeover' strategy to avoid a $250 million earnout. The ruling highlights the legal risks of using generative AI to circumvent contractual obligations and the court's intolerance for bad-faith maneuvers in M&A deals.