Peachy Printer, touted by its designers as the “world’s first $100 3D printer,” has imploded after its creators revealed to those who pledged to the Peachy Printer Kickstarter that around 50 percent of their money was embezzled by their financial manager, who used $320,000 of its $650,000 pledges to build himself a house.
The announcement was made by Peachy Printer CEO Rylan Grayston, who posted a…
