Allegations of Misconduct by Ex-General Partner in Crypto VC Portfolio Deal

Tuesday, 9 July 2024, 16:34

A top crypto venture capital firm has accused one of its ex-partners of engaging in an undisclosed side deal with a portfolio company. Polychain alleges that Niraj Pant violated the fund's policies by accepting 'adviser' tokens from Eclipse without transparency. The incident raises questions about ethical standards and conflicts of interest in the crypto investment space, highlighting the importance of transparency and integrity in financial dealings.
CoinDesk
Allegations of Misconduct by Ex-General Partner in Crypto VC Portfolio Deal

Crypto VC Firm Allegations

A top crypto venture capital firm, Polychain, has accused ex-general partner Niraj Pant of engaging in an undisclosed side deal with a portfolio company.

Violation of Fund Policies

Niraj Pant allegedly accepted 'adviser' tokens from Eclipse without transparency, breaching the fund's policies and raising ethical concerns.

Importance of Transparency

The incident underscores the need for transparency and integrity in financial dealings to maintain trust and uphold ethical standards in the crypto investment sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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