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SHIMA CAPITAL TO SHUT DOWN AMID SEC FRAUD ALLEGATIONS AGAINST FOUNDER

2025-12-17 11:23:00 1 days ago CoinRank

CONTENT

Cryptocurrency venture capital firm Shima Capital is shutting down after founder Yida Gao resigned and closed the fund following SEC charges of involvement in a fraud scheme. Gao had previously exaggerated investment returns, which were actually far lower than advertised.

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