Nader Al-Naji, a crypto entrepreneur who today lives in L.A., has been on a roller coaster in recent years — and he doesn’t pretend otherwise.

In 2018, roughly 16 months after raising $140 million from investors for a cryptocurrency startup that aimed to develop a stablecoin, Al-Naji and his Princeton classmates returned $130 million when they couldn’t make a go of things. As Al-Naji came to realize at the time, Basis’s technology road map and U.S. securities regulations didn’t quite mix.

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https://techcrunch.com/2021/11/16/lessons-from-a-crypto-entrepreneur-a-conversation-with-nader-al-jani/