CoinRank

SHIMA CAPITAL TO SHUT DOWN AMID SEC FRAUD ALLEGATIONS AGAINST FOUNDER

2025-12-17 14:30:00 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.

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.