Berachain co-founder pushes back against “incomplete and inaccurate” allegations, saying the hit piece relied on disgruntled ex-employees and misrepresented Brevan Howard’s terms, while reaffirming Nova remains one of the project’s largest and most supportive tokenholders.

Berachain co-founder pushes back against “incomplete and inaccurate” allegations, saying the hit piece relied on disgruntled ex-employees and misrepresented Brevan Howard’s terms, while reaffirming Nova remains one of the project’s largest and most supportive tokenholders.
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"- Brevan Howard co-led our Series B a year ago, out of their Abu Dhabi office, via Nova, a new liquid-only vehicle on the same terms as all other investors. Nova had approached Berachain to lead the round some months prior to this. - In contrast to everything implied in this piece, Nova is still one of, if not THE, largest tokenholder in Berachain. They are a liquidity provider, a holder of both LOCKED BERA acquired in the Series B, and liquid BERA purchased on the open markets, and have continued to be supportive through highs and lows. If anything, they have increased their BERA exposure over time, despite running a liquid fund in a harsh alt environment."

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