A Tale of Two Dragonflies: Spats, Schemes, and a $650M Stash!

Oh, the Drama!

  • Alexander Pack swears he and Bo Feng built Dragonfly from scratch, like proper little crypto-bakers kneading dough.
  • Haseeb Qureshi insists the place was a snooze-fest till he waltzed in, jazz hands blazing, and turned it into a DeFi disco.
  • Everyone’s fighting over who gets the “Founder of the Year” trophy just as the piggy bank hits $650 million. Awkward!

Beneath the glittery surface of crypto’s favorite money-tree VC lies a proper kerfuffle. Imagine a room full of grown-ups throwing tantrums because no one can agree who gets the golden star for “Best Dragonfly Inventor.”

Alexander Pack, who jetted off to start Hack VC like a crypto-Houdini, recently tweeted up a storm. Seems he’s miffed that Haseeb Qureshi’s “history lessons” forgot to mention Pack’s glory days. “We were already winning,” he protests, name-dropping Amber Group and Bybit like they’re candy.

But Haseeb? Oh, he’s got a tale too. He claims the early Dragonfly was a “fund of funds” wearing footie pajamas-no teeth, no tech, just vague vibes. Then he swooped in, tossed the rulebook out the window, and turned it into a DeFi juggernaut. Heroic!

The whole shebang reads like a circus act. One moment you’re a bridge between China and the US, the next you’re a DeFi wizard-if you believe the hype. Crypto VCs, folks: they’re just like us, but with shinier wallets and louder arguments.

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2026-02-26 13:40