'Gang of Dragons,' which faced a crisis after NetEase withdrew its funding, appears to be effectively shutting down. Following the closure of its official YouTube channel in April, the game's official website was taken down on the 12th.

Unveiled at last year's The Game Awards, 'Gang of Dragons' drew significant attention as the first project from Nagoshi Studio, founded by Toshihiro Nagoshi after he left Ryu Ga Gotoku Studio, where he was best known as the main director of the Yakuza series. The game was set to depict a more realistic and gritty yakuza world, using Shinjuku's Kabukicho—the real-life inspiration for the Yakuza series' Kamurocho—as its backdrop. Notably, the inclusion of actor Ma Dong-seok as the model for the protagonist, Shin Ji-sung, captured the interest of gamers both in Korea and abroad.

However, contrary to expectations, the situation deteriorated rapidly. Less than three months after the game's reveal, Bloomberg reported that NetEase had decided to completely cut off funding as of May. With no further updates since then, the closure of the official YouTube channel in April and the disappearance of the official website on May 13—the date funding was set to end—have fueled speculation that the project has been canceled.

The only remaining official channels are the Steam store page and the Nagoshi Studio official X account. However, even after the news of the funding withdrawal, there has been no official statement from any related channels, including the official X account, the Steam store page, or the personal X account of Toshihiro Nagoshi, the head of Nagoshi Studio and the game's main director.