Crypto hedge fund Lantern Ventures is returning funds to external investors and may face dissolution
ChainCatcher news, according to CoinDesk, according to sources familiar with the matter, the cryptocurrency hedge fund Lantern Ventures is returning funds to external investors, has stopped accepting new investments, and may be facing dissolution.
It is reported that the company is looking for buyers or considering transforming into a family office. At its peak, Lantern Ventures managed assets of about $600 million. The fund was founded by several former members of Sam Bankman-Fried's Alameda Research, and currently, several employees of the hedge fund may be facing unemployment.
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