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Multicoin co-founder was exposed to "colluding with SBF"? Deep throat: both were closely involved in multiple encryptioneyewash
The founder of The Daily Gwei accused Multicoin Capital co-founder Kyle of lying for profit and working closely with FTX founder SBF to sparking industry follow. Haseeb, a partner at Dragonfly Capital, said that the allegations need to be supported by solid evidence, and stressed that Multicoin itself was a victim of FTX's bankruptcy. (Synopsis: Altcoin season is coming to an end? Hartmann Capital warns: Institutions accelerate profit-taking, and the subsequent decline will be miserable) (Background supplement: Cyber Capital founder: XRP is not a cryptocurrency, it is all controlled by the XRP Foundation's high centralization) Yesterday (29), Anthony Sassano, founder of The Daily Gwei, publicly accused encryption investment firm Multicoin Capital Co-founder Kyle Samani, who claims to have long lied and has a close relationship with Sam Bankman-Fried (SBF), founder of the bankrupt Cryptocurrencyexchange FTX, is involved in multiple "eyewashes." Haseeb Qureshi, a partner at Dragonfly Capital, an investment firm in encryption, responded that such allegations need to be substantiated, noting that Multicoin itself was a victim of FTX's bankruptcy. He also recognized Kyle's ability to invest, saying that he dared to bet on unpopular projects and was one of the few contrarian investors in the encryption space, but his personal style was controversial. Accusing Kyle of "eyewash" and concealment In multiple tweets, Anthony Sassano strongly criticized Kyle Samani's investment practices, accusing him of "driving up asset prices" by lying multiple times, and questioning his close cooperation with SBF on many high-FDV (fully diluted Market Cap) and low-liquidity projects. Sassano questioned how Kyle could have been unaware of FTX's long-term "anomalies." "Kyle has a close working relationship with SBF and has been involved in numerous transactions, including the Solana project," he said. His claim that he didn't know about it is unconvincing." Sassano also said that as early as 2020, he and other observers had sensed that SBF's behavior was wrong, and criticized encryption industry figures, including Kile, for choosing to turn a blind eye out of greed. He believes that such behavior has contributed to events such as Terra and FTX. Dragonfly partner: Allegations need to be fully substantiated Commenting on Sassano's allegations, Dragonfly Capital partner Haseeb Qureshi said: Kyle Samani's investment style is controversial, but the claim that he "conspired with SBF" lacks evidence. Haseeb mentioned that after the collapse of FTX, the FBI, SEC and other investigations have not found evidence that Multicoin is involved, but Multicoin is also one of the victims, and some funds are trapped in FTX. He added: "Such allegations are material statements and must be accompanied by material evidence." Although Haseeb believes that Kyle is one of the few contrarian investors in the encryption space and dares to bet on unpopular projects, he also admits that Kyle's personal style is controversial and even feels "rude and annoying." Industry calls for transparency The accusation reflects divisions within the Encryption community. Proponents generally believe that Kyle's investment achievements are undeniable and have a driving effect on the industry; Critics, on the other hand, accuse him of choosing compromises for the sake of profit and even encouraging bad behavior. With the in-depth investigation of the FTX case, the Block chain industry is increasingly demanding transparency and integrity. Whatever the end result, the incident is a reminder that the Encryption industry needs more "honest actors." Related reports Altcoin season is coming to an end? Hartmann Capital warns: Institutions accelerate profit-taking, and the subsequent decline will be very sharp Founder of Cyber Capital: XRP is not a cryptocurrency, it is all controlled by the XRP Foundation's high degree of centralization Fed rate cut is coming" QCP Capital: BTC and stocks Any pullback is short-lived (Multicoin co-founder was exposed to "collusion with SBF"? Deep throat: The two are closely involved in a number of encryptioneyewash" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".