Aqua-Spark founders speak out on eFishery fraud and $250 million loss

The founders of Aqua-Spark have publicly addressed the fraud scandal involving eFishery for the first time, acknowledging a significant financial impact reportedly around $250 million. Their remarks mark a rare public comment since the revelations emerged.

Co-founder Amy Novogratz captured the emotional toll of the episode, saying, “Discovering that the people you had held up were not who you believed them to be is a different kind of wound.” The statement underscores both the scale of the loss and the sense of betrayal felt by those who backed the company.

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