Reflexer Expresses Discontent with Paradigm's Move to AI and Demands It Burn Its Position of $FLX

Decentralized stablecoin project Reflexer Finance tweeted that Paradigm's previous investment in FTX caused heavy damage to the crypto industry, but now Paradigm said it is no longer focused on Crypto and is moving into AI. Reflexer wants Paradigm to burn the entire position of Reflexer's governance token $FLX, and does not want to work for Paradigm anymore.

Crypto venture capital firm Paradigm shifted its focus to include emerging technologies like artificial intelligence (AI), according to insiders. The company's website, now describing itself as a "research-driven technology investment firm," has removed mentions of blockchain and Web3.