As previously noted , two key points were highlighted: 1. James Rob and Daniel Wang are required to report their work to IVC; 2. IVC was established in 2021 by two cofounders of Headline Asia  ，Brian Lu  @LuBall13 adn Akio Tanaka @tanakaakio Now, for the crucial point: Arthur Hayes—co-founder and co-owner of BitMEX—owns and operates a corporate entity named #HeadlineAsia#. Through this entity, he conducts trading activities on BitMEX, as well as on other cryptocurrency exchanges and with over-the-counter (OTC) trading partners. Furthermore, this entity has never been registered with the CFTC. In other words: 1. Through HeadlineAsia , Arthur Hayes serves as one of the ultimate controlling persons of IVC, alongside Akio Tanaka; 2. Indirectly—via IVC and Malestorm— Arthur Hayes has also become one of the ultimate controlling persons of Aethir, alongside Akio Tanaka and James Rob . Currently, in addition to being the founder of Malestrom, Arthur Hayes also serves as a board member of the Jackie Robinson Foundation  @JRFoundation . @TheJusticeDept @CFTC  @USDOJ_Intl   @gov_online  @meti_chusho  @fsa_attention @SESC_JAPAN @fsa_procurement @MOJ_PSIA @NPA_KOHO @JFSA_en @Wa_nisa_FSA @headlinevc @MaelstromFund @ivcryptofund @aethircloud @CryptoHayes  @etherary @akshat_hk   @0xngmi @functi0nZer0 @zachxbt @tier10k @CryptoCred @RookieXBT @TRADEMAYME @dubzyxbt @abetrade @icebagz_ @CryptoLady_M  @only1mrwhite  @crypticworld7 @CoinDesk @Cointelegraph @CoinMarketCap @TheBlockCo @Blockworks @ForbesCrypto @PeckShieldAlert  @BitcoinNews

In August 2021, IVC (Infinity Ventures Crypto) @ivcryptofund was officially established. Shortly thereafter, Daniel Wang, co-founder of Aethir, joined IVC. In November 2021, IVC partnered with YGG to launch YGG SEA, which is now known as W3GG (@w3ggofficial). Around the same time, the two parties also co-founded YGG Japan (@YGGJapan). In February 2022, IVC closed a $70 million Web3 fund, backed by investors including @Circle, @DCGco , @AnimocaBrands, Hive Ventures, and Cherubic Ventures. IVC later deployed the first investment from this fund by co-investing in @YGG alongside @a16z. IVC’s partners include: 1. Akio Tanaka @tanakaakio  Founder of @HeadlineVC Headline Asia and co-founder of IVC. 
 Tanaka, who is Japanese, is widely regarded as an OG within Japan’s traditional venture capital circle, having built Headline Asia into one of the region’s established VC platforms. 2. Brian Lu  @LuBall13 Former co-founder and GP of IVC. 
 Brian Lu also comes from a notable entrepreneurial family. His father, Hong Liang Lu, is the founder of UTStarcom and a founding figure behind SoftBank China Venture Capital (SBCVC). 3. JT Law  @JorLaw8  Co-founder of VerifyInvestor. 4. Gabby Dizon @gabusch Co-founder of YGG (Yield Guild Games). 5. Alex Yeh @alex_yehya Co-founder of AuraBlock Ventures, and also a co-founder of $GAIB @gaib_ai Richie Chaval Jiaravanon @RichieLychee Former CEO of Snapask Thailand.
 He also holds another role as a board member at Velo Labs @veloprotocol Behind the Jiaravanon family stands the Charoen Pokphand Group, Thailand’s largest private conglomerate, widely known as the CP Group.  Returning to Daniel Wang, who was seconded by IVC to Aethir as a representative and co-founder of the project. According to publicly available information, between August 2021 and August 2023, Daniel Wang held roles across IVC, W3GG, and Aethir simultaneously. We’ve also just received information from sources familiar with the matter claiming that, during his time at IVC, Daniel Wang allegedly accepted various kickbacks tied to deals, which reportedly caused dissatisfaction among several of IVC’s core partners. A quick side note here: IVC is widely regarded as the most active investor among Japan-based crypto funds in terms of the number of crypto projects backed. @FSA_Japan @cyberpolice_jp @JVCEA_Official @jcba_official @CoinDesk @coin_post @circle  @DCGco @animocabrands  @TheSpartanGroup   @Morningstar_VC @shimacapital   @BigBrainVC  @Sfermion_   @Ventures_HTX