An intriguing PS5 action adventure game that was announced in June 2025 appears to have been canceled already. Revealed at the Xbox Games Showcase, Mudang: Two Hearts was a project by Korean dev EVR Studio, who quietly filed for bankruptcy earlier this month.
Studio behind PS5 action game Mudang: Two Hearts goes bankrupt, website offline
To jog your memory, Mudang: Two Hearts was a Splinter Cell/Metal Gear Solid-esque third-person game set in the Korean Peninsula. Check out its reveal trailer below:
Over on Reddit, user kimchamchi shared documents revealing that EVR Studio was declared bankrupt on June 5, 2026, and Mudang: Two Hearts’ development was…