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CBC Reports state that Aiden Pleterski allegedly used nearly half of the 2020 to 2022 investment funds he received in 36300000 USD for personal expenses. He denies the fraud and money-laundering charges, and the case remains before the court.
Dragonfly Managing Partner Haseeb Qureshi said that Hyperliquid has limited user overlap with centralized exchanges, and that the two are more like jointly expanding the market. He expects crypto investing to become increasingly integrated with fintech and AI in the future.
Multicoin Capital co-founder Kyle Samani announced that his largest personal angel investment to date has been made in Backpack. He had previously joined the Backpack US board of directors.
PANews, citing CoinDesk, reported that the crypto investment firm Deus X Capital has ceased operations, with its backers pursuing different investment strategies and planning to January 31, 2027 formally dissolve.
According to Caixin, investor Hu Zhewen has sued Jump Trading and related parties in Chicago, United States, seeking at least 500000000 USD; he also sued Zhang Yongfeng over a token investment. The report did not include court documents or responses from the defendants.