Dragonfly's current and former leaders clash over firm's early success

Current and former leaders of global crypto investment firm Dragonfly are publicly disputing credit for the firm's past investment performance, Wu Blockchain reported. Alexander Pack, a co-founder of Dragonfly and now the founder of Hack VC, stated on X that he and Bo co-founded the firm. He claimed to have led successful investments in projects like Bybit, Amber Group, and Crusoe before current Managing Partner Haseeb joined, accusing Haseeb of falsely claiming to have started the VC. In response, Haseeb countered that before he joined, Dragonfly operated primarily as a fund of funds and did not lead the investments in the projects Pack mentioned.