The disagreement centers on timing and credit. Public records and industry reporting show Dragonfly was founded in 2018 by Pack and Feng, initially raising a $100 million crypto-focused fund. Qureshi joined the firm later and eventually became managing partner.
For now, the disagreement remains a matter of competing claims, documented in public statements and archived posts. At the time of writing on Thursday, Pack’s reply has more likes than Qureshi’s article.
FAQ Who founded Dragonfly Capital?Dragonfly was established in 2018 by Alexander Pack and Bo Feng. What triggered the public dispute?The dispute followed Haseeb Qureshi’s X essay outlining how Dragonfly was built . What is Alexander Pack’s claim?Pack says he and Feng co-founded Dragonfly more than a year before Qureshi joined and led early deals. Has Dragonfly responded formally?As of publication, the disagreement has been addressed through public posts on X, not formal statements.
