
Documents show Nova Digital can claim a full $25 million refund within a year of Berachain’s token launch, sparking debate over fairness and investor protection.
On November 24, Unchained published documents revealing that Nova Digital holds a contractual right to request a $25 million refund from Berachain within one year of the token generation event. Berachain co-founder Smokey disputed the completeness of the report, citing compliance requirements. Critics argue that the clause offers zero-risk gains for Nova Digital while potentially exposing retail investors to higher risk. The disclosure intensifies scrutiny over transparency, fairness, and preferential treatment in Berachain’s investment agreements.