Gan’s absence sparked concern among investors, leading them to vote in his absence to unwind the fund. This incident reflects the inherent risks in the volatile crypto industry.
‘During my absence, the team did an incredible job serving our LPs and portfolio companies,’ Gan stated, reiterating a commitment to the interests of his Limited Partners.
The complexity of the crypto market was evident when Gan, who had previously garnered significant backing for his venture, faced scrutiny during his unexplained disappearance.
Gan noted that the fund is now thriving and that he returned to his daily responsibilities several months ago, aiming to reassure investors of stability.
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