Zcash falls nearly 30% from September high amid prolonged crypto selloff
Zcash has dropped nearly 30% from its September peak amid a broader crypto selloff. Key catalysts include a potential spot ETF and the NU7 network upgrade.
Hack VC removed its X post about a dispute with former employee Hsin-Ju Chuang, who has died. Co-founder Alexander Pack posted condolences.
Crypto venture capital firm Hack VC has taken down an X post about a disagreement with the disgruntled former employee Hsin-Ju Chuang, who has died. The company's official X account currently does not mention her passing.
The firm's now-deleted post had said: “While our understanding of events differs materially, we do not wish to discuss the details publicly at this time out of respect for their privacy.”
Co-founder and Managing Partner Alexander Pack has since posted from his own account, replacing the earlier statement.
We are shocked and saddened to learn the news of Hsin-Ju’s passing. Our thoughts are with her family, friends and all those who were close to her.
— Alexander Pack (@alpackaP) September 23, 2026
This is an unimaginable tragedy for many of us who worked alongside Hsin-Ju in this community, and we share the heartbreak and…
Hack VC, speaking with Protos, stated: “We removed our earlier statement after seeing the tone the public conversation was taking. Some of the responses directed toward her had become increasingly hostile, and we did not want anything we had posted to contribute to further attention or negativity toward her.”
The firm first aired its disagreement after Chuang's August 23-24 allegations of workplace pressure.
Her specific complaints included medical emergencies, the conduct of Pack and Daniel Bulaevsky, and pressure to work overtime while facing serious medical symptoms.
She additionally alleged that Hack VC had delayed continuing her health insurance, a matter that went to private mediation and eventually spread to social media.
On Wednesday, Pack, the co-founder she had named, published a reply-limited condolence.
He wrote: “We are shocked and saddened to learn the news of Hsin-Ju’s passing. We have not spoken to her directly for over 10 months and we are not aware of the circumstances surrounding her death.”
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Zcash has dropped nearly 30% from its September peak amid a broader crypto selloff. Key catalysts include a potential spot ETF and the NU7 network upgrade.
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