17/12/2025     SEC lawsuit puts Shima Capital’s future in question as wind-down message surfaces

Screenshots of an email shared online purportedly show founder Yida Gao stepping down as managing director of Shima Capital and outlining plans for an orderly wind-down of the fund. Screenshots of an internal email outlining plans to wind down Shima Capital have surfaced online, days after the US Securities and Exchange Commission sued the crypto venture firm and its founder...

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