A team wasn’t officially disbanded until January, but its captain had already taken the key players to another league.
That team was Deus X Capital: it announced its closure, with investors and backers each turning to independent strategies. CEO Tim Grant is set to lead the AI project TensorX, while CIO Stuart Connolly will stay on to handle the formal liquidation in January. The people leave first; the books close later—a crypto investment firm’s exit often begins with its core team walking away.
The biggest red flag is that the person left to clean up isn’t the next operator, but the liquidator.
#VitalikWarnsAICouldAccelerateTheErosionOfCryptographicSecurity
That team was Deus X Capital: it announced its closure, with investors and backers each turning to independent strategies. CEO Tim Grant is set to lead the AI project TensorX, while CIO Stuart Connolly will stay on to handle the formal liquidation in January. The people leave first; the books close later—a crypto investment firm’s exit often begins with its core team walking away.
The biggest red flag is that the person left to clean up isn’t the next operator, but the liquidator.
#VitalikWarnsAICouldAccelerateTheErosionOfCryptographicSecurity