Bankless responds again to the AICC incident: The two co-founders have never sold their personal shares; the fund shares were sold by the GP, and the co-founders were not informed

2025-01-13 10:20:42
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ChainCatcher news, Bankless co-founder David Hoffman posted an image on X again (narrated from the perspective of another co-founder, Ryan Adams) in response to the "AICC crash incident."

Ryan stated that he and another co-founder of Bankless, David Hoffman, each invested 5 SOL in Aiccelerate in their personal capacities. Additionally, Bankless Ventures invested 2 SOL in the name of the fund, with GP Ben Lakoff being the person in charge of that investment.

Afterward, Bankless Ventures sold 8% of the fund's shares (which have now been repurchased). Ryan mentioned that he and David were not aware of the sale, and Ben himself was not familiar with the situation at Aiccelerate; the sale was merely based on trading considerations. This was a huge mistake, and it was the first time such a situation occurred, which made Ben very upset.

Ryan finally clarified once again that he and David have never sold their personal shares.

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