The Daily Gwei founder accuses Multicoin Capital co-founder Kyle of allegedly lying for profit and closely collaborating with FTX founder SBF, raising concerns in the industry. In response, Dragonfly Capital partner Haseeb stated that such allegations require solid evidence to support them and emphasized that Multicoin itself is also a victim of FTX's bankruptcy. (Background: Is the altcoin season coming to an end? Hartmann Capital warns: Institutions are accelerating profit-taking, and the subsequent decline will be severe) (Additional context: Cyber Capital founder: XRP is not a cryptocurrency, but is highly centralized and controlled by the Ripple Foundation) On the 29th, The Daily Gwei founder Anthony Sassano publicly accused Multicoin Capital co-founder Kyle Samani of long-term profit through deceit and having close ties with bankrupt cryptocurrency exchange FTX founder Sam Bankman-Fried (SBF), involving multiple 'scams'. In this regard, crypto investment firm Dragonfly Capital partner Haseeb Qureshi responded that such accusations need to be backed by solid evidence, pointing out that Multicoin itself is also a victim of FTX's bankruptcy. He also acknowledged Kyle's investment ability, stating that he dares to bet on obscure projects, making him one of the few contrarian investors in the crypto field, although his personal style is controversial. The accusations against Kyle involve 'scams' and concealment. In multiple tweets, Anthony Sassano strongly criticized Kyle Samani's investment methods, directly pointing out that he has raised asset prices through multiple lies and questioning his close cooperation with SBF, involving many high FDV (fully diluted valuation) and low circulation projects. Sassano further questioned how Kyle could be unaware of FTX's long-term 'anomalies'. He stated, "Kyle has a close working relationship with SBF, participating in countless transactions, including the Solana project. His claim of being uninformed is hard to believe." Sassano also mentioned that as early as 2020, he and other observers had already noticed SBF's suspicious behavior and criticized industry figures, including Kyle, for choosing to turn a blind eye due to greed. He believes that such behavior has contributed to the occurrences of events like Terra and FTX. Dragonfly partner: Allegations require sufficient evidence Regarding Sassano's accusations, Dragonfly Capital partner Haseeb Qureshi stated that although Kyle Samani's investment style is controversial, he believes the claim of 'collusion with SBF' lacks supporting evidence. Haseeb pointed out that after FTX's collapse, investigations by the FBI, SEC, and others have not found any evidence implicating Multicoin, and rather, Multicoin is also one of the victims, with some funds trapped in FTX. He added, "Such allegations are serious statements and must be supported by significant evidence." Although Haseeb believes Kyle is one of the few contrarian investors in the crypto field who dares to bet on obscure projects, he also admitted that Kyle's personal style can easily provoke controversy and can even be perceived as 'rude and annoying'. The industry calls for transparency These accusations reflect a division within the crypto community. Two factions have emerged, with supporters generally believing that Kyle's investment achievements are undeniable and have a driving effect on the industry; while critics accuse him of compromising for profit and even fostering bad behavior. As the investigation into the FTX case deepens, the call for transparency and integrity within the blockchain industry is growing louder. Regardless of the final outcome, this incident serves as a reminder that the crypto industry needs more 'honest actors'. Related reports: Is the altcoin season coming to an end? Hartmann Capital warns: Institutions are accelerating profit-taking, and the subsequent decline will be severe. Cyber Capital founder: XRP is not a cryptocurrency, but is highly centralized and controlled by the Ripple Foundation. Federal Reserve interest rate cuts are imminent) QCP Capital: Any pullback in Bitcoin and stocks will be short-lived. 'Multicoin co-founder accused of collusion with SBF? Insider: The two closely participated in multiple crypto scams.' This article was first published on BlockTempo (the most influential blockchain news media).

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