Pantera Fund Hit with Major Losses: High Fees and Lack of Solid Projects Blame the Decline

A significant loss has been reported for an investment in the Pantera Early-Stage Token Fund, attributed to high management fees and a lack of promising early-stage crypto projects. Akshat Vaidhya, part of Arthur Hayes’ family office Maelstorm, revealed his $100,000 investment lost almost half its value over four years. While Bitcoin and some other crypto projects performed well, the fund struggled to generate strong returns for investors due to these factors.