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Tom Schmidt, a general partner at Dragonfly Capital, called Nova Markets "huge scammers" on Thursday, targeting the startup's entire investor cohort in the same post.
The accusation came as a quote-tweet of Nova Markets' June 4 fundraise announcement. Dragonfly, which closed a $650 million fourth fund in February, is one of the blockchain industry’s most prominent VC funds.
"Huge scammers btw," Schmidt wrote. "Shame on everyone who did this round for not even doing a bare minimum of dd," referring to due diligence.
