Bankless Co-Founders Address Aiccelerate Investment Incident

According to Odaily, Bankless co-founder David Hoffman shared an image on platform X, narrating from the perspective of fellow co-founder Ryan Adams, in response to the 'AICC market incident.' Ryan explained that both he and David Hoffman individually invested 5 SOL in Aiccelerate, while Bankless Ventures invested 2 SOL through its fund, managed by GP Ben Lakoff. Subsequently, Bankless Ventures sold 8% of its fund shares, which have since been repurchased. Ryan clarified that neither he nor David were aware of the sale, and Ben Lakoff was not informed about Aiccelerate's situation, making the sale based on trading considerations. Ryan described this as a significant error and noted that Ben was upset about the incident. He reiterated that neither he nor David sold their personal shares.