On November 3rd, Akshat Vaidya, head of investment at Maelstrom Capital, said that the $100,000 invested in an early-stage cryptocurrency fund (screenshot shows that it is a Pantera fund) was only $56,000 after four years, a loss of nearly 50%.
During the same period, the price of bitcoin doubled, and some seed projects achieved returns of 20 to 75 times, but the fund's high management fees and shares caused LP (limited partner) funds to shrink significantly.
Maelstrom Capital investment director: $100,000 in Pantera fund, only $56,000 after 4 years
2025-11-03 09:37:33
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