Start-up Funding

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Xeerยท 2025-07-13 15:31
Financial Misconduct Concerns - A founder raised $50 million from investors but considers it "his money" [1] - The founder is generating $200 thousand per month from yield farming using his stablecoins [1] - The founder's token has a market cap under $700 thousand with $100 thousand liquidity [1] - Investors are underwater while the founder spends lavishly on travel [1] Governance and Ethics - The report raises ethical questions about a founder's use of investor funds [1] - Highlights a potential conflict of interest between the founder's personal gains and investor returns [1]