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Berachain's privacy terms revealed: Brevan Howard's $25 million investment can be refunded after the TGE, and other investors are not aware of this.
According to BlockBeats news on November 25, as reported by unchainedcrypto, Berachain granted one of the lead investors in its Series B financing, Brevan Howard, the right to "receive a risk-free refund of the investment after the TGE" without the knowledge of other investors. It is reported that Berachain has raised at least $142 million in total financing, with its token valued at $1.5 billion in the previous financing round, which was jointly led by Framework Ventures and the Nova Digital Fund under the $34 billion hedge fund Brevan Howard's encryption division. A former employee, who requested anonymity, recalled that Berachain's co-founder, codenamed "Papa Bear," once said.
BERA5.01%

