PANews reported on April 1 that Haseeb Qureshi, managing partner of Dragonfly Capital, responded to the statement that "VCs were wiped out in this round" on the X platform, saying: "I have been working in the field of cryptocurrency venture capital for nearly eight years, and I am tired of hearing such clichés. The fundraising of crypto venture capital in 2018/2019 was terrible. There were constant statements like 'no one is willing to take these tokens, the fig leaf has been torn off, and there is no return in this garbage industry'. Since you can say it so confidently, use real money to short it. The results will speak for themselves in three years."