According to Wu Blockchain, crypto journalist Kate Irwin revealed that the U.S. SEC filed a lawsuit against crypto venture capital firm Shima Capital and its founder Yida Gao three weeks ago, accusing them of 'engaging in a scheme to defraud investors.' Internal emails show that Gao has informed founders of portfolio projects that he will resign and initiate fund liquidation, expressing 'deep regret for poor decisions.' Shima Capital, founded in 2021, manages approximately $200 million and has invested in several crypto projects such as Berachain, Monad, Pudgy Penguins, Sleepagotchi, and Gunzilla. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53685