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AiCoin
AiCoin|Nov 25, 2025 03:31
[Berachain Co-Founder Responds to Nova Fund Refund Rights Rumors: Malicious Fabrication by Former Employee] Berachain Co-Founder Smokey clarified on the X platform regarding the rumor that 'Berachain provided Nova Fund with a $25 million special refund right,' stating that the information is false and was maliciously fabricated by a former employee. Smokey explained that Nova Fund co-led Berachain's Series B financing through its Abu Dhabi office and signed the same terms as other investors. Nova Fund remains one of the largest token holders of Berachain, holding both locked and liquid BERA assets, and continues to support the project's development. Smokey emphasized that the related reports contain multiple inaccuracies, and Berachain has not given special treatment to other investors. Nova Fund remains a locked token holder and liquidity provider.
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