On February 26th, PANews reported that Dragonfly co-founder Alexander Pack and partner Haseeb Qureshi engaged in a social media debate regarding Dragonfly 's founding and investment history. Pack claimed that he and Bo had co-founded the company, raised funds, and led investments in projects such as Bybit , Amber Group , and Crusoe before hiring Haseeb, questioning Haseeb's claim in a new article that he "rewrote history and lied about founding a VC firm . " Haseeb responded that Dragonfly was primarily a fund of funds before he joined and never led investments in the aforementioned projects. He stated that after joining, he pushed for the cessation of FoF investments, began leading projects, and was responsible for subsequent fundraising and team building. The two clearly disagreed on "who truly founded and led Dragonfly. "