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Interesting things are happening. The official financial disclosure from the University of Chicago states that they haven't lost money on cryptocurrencies. However, there are rumors online that the university's endowment fund lost $6 billion. This is awkward— the endowment fund has been operating at a scale of $10-12 billion for many years, and a single loss of $6 billion is indeed outrageous. Is the official statement credible or are the rumors justified? This reflects the information asymmetry issue in institutional crypto investments, which is worth pondering.