Berachain Co-Founder Calls $25M Refund Claims 'Inaccurate'
Smokey the Bera, Berachain's anonymous co-founder, rejected investigative claims that Nova Digital obtained unusual refund terms on its $25 million Series B stake. The layer-1 blockchain faces mounting questions over funding transparency as BERA trades at $1.02, down from Nova's $3 entry price. Four crypto-focused attorneys consulted by Unchained stated such arrangements are highly uncommon in token fundraises.