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South Korean crypto VC Hashed confirms it is under tax investigation

Hashed, a crypto venture capital firm based in South Korea, has confirmed to The Block that it is under investigation by the National Tax Service (NTS). Earlier today, Korean news outlet Aju News reported that Hashed is under a “special” tax investigation by the 4th Bureau of Investigation from the Seoul Regional Tax Office within the NTS. This bureau is particularly known for conducting investigations into tax evasion and slush funds, per the report. A slush fund refers to a …

South Korean crypto VC Hashed launches new $200 million fund

Hashed, a crypto venture capital firm based in South Korea, has launched a new $200 million fund. The Hashed Venture Fund II will invest in Web3 startups, including those focused on metaverse, blockchain gaming, NFTs, and DeFi. “We are radically optimistic about web3’s potential to restore trust and enable new kinds of governance where players collectively make critical decisions about how the metaverse should be defined,” said Hashed. The firm’s new fund comes exactly a year after it raised $120 …