Former Hack VC Partner Hsin-Ju Refuses Settlement, Plans to Publicly Disclose Evidence

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A former Hack VC partner, Hsin-Ju, has rejected a settlement agreement requiring silence, opting instead to release all evidence from his time at the firm on August 26. He claims he was threatened with industry blacklisting and experienced burnout, including a failed suicide attempt. Although he initially planned not to sue, he alleges ongoing efforts to undermine his interests. Both parties are preparing for private mediation, but Hsin-Ju refuses to be silenced through payment. The case has attracted attention amid growing concerns over crypto and exchange hacks.

Hsin-Ju, former partner and platform lead at Hack VC, posted that she has rejected a settlement agreement requiring silence, opting instead for $0 in compensation, and has dismissed her lawyer. She plans to publicly release all evidence from her time at Hack VC on Wednesday, August 26. Hsin-Ju, who has worked in the crypto industry for nine years and previously held roles at Stellar, Solana, and Fhenix, stated that during her tenure at Hack VC, she repeatedly requested to leave due to severe medical emergencies—including Graves’ disease, hyperthyroidism, and severe insomnia—but was threatened by partners that leaving before completing certain meetings would result in industry blacklisting. Forced to work excessive hours under these conditions, she ultimately attempted suicide. After the suicide attempt, she formally expressed no intention to sue and simply wished to leave without retaliation; however, Hack VC subsequently caused issues with her COBRA health insurance for nearly four months, only resolving them after legal intervention. Even during legal proceedings, they continued attempting to harm her interests through their lawyers and staff. Although both parties’ lawyers have prepared for private mediation and settlement, Hsin-Ju refuses to trade silence for money and has chosen to speak out publicly. She emphasized that her performance during her tenure was strong, having received raises and bonuses, and that her actions are not motivated by financial gain. She is fully aware of the potential adverse consequences of challenging an organization valued at $600 million to $700 million.

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