The Daily Gwei founder Anthony Sassano (@sassal0x) responded to Dragonfly Capital partner Hasseb Qureshi on X, stating that for years, Multicoin Capital co-founder Kyle Samani has lied countless times to make money - this is why people dislike him - his 'impressive track record' cannot be an excuse for him to brazenly deceive everyone without being held accountable.
He also stated: 'He has close ties with SBF, you absolutely cannot make me believe that he didn't know what was happening with FTX/Alameda at all. He was involved in almost every low liquidity/high FDV scam created by SBF, this is not a 'good investment', but fraud.'
Qureshi responded: 'I know you two often argue, I have to clarify that I disagree with Kyle on almost everything.
But the claim that Kyle 'colluded' with SBF is very absurd and requires concrete evidence. After the FBI, DOJ, SEC, bankruptcy agencies, and countless journalists gathered all the information about FTX and prosecuted all the fund holders with indirect connections to this matter, it seems a bit crazy that Multicoin (which is one of its many investors, but certainly not the largest) somehow knows 'what happened.' Moreover, the company's funds are also stuck on FTX.'
Earlier today, Dragonfly Capital partner Hasseb Qureshi stated that Multicoin Capital co-founder Kyle Samani is one of the best investors in the cryptocurrency space. As competitors, Dragonfly and Multicoin are always at odds, but experts recognize experts; investing is like a sport, and Kyle is the highest scorer in history, unmatched by anyone.
Hasseb added: 'This does not mean you have to like him, I often find him reckless, even dislike him. I often disagree with him... but Kyle is a true contrarian thinker. He bets where others are unwilling to bet... ultimately, this is the reason investors exist - to allocate capital to undervalued ideas, and Kyle is one of the few non-consensus investors in our industry.'

#SBF