May 22, 2024

YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M+ of users’ funds by investing them in UST, despite previously claiming it was using USDC

ycbacked defi stablegains 44m usdccraig

YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M+ of users’ funds by investing them in UST, despite previously claiming it was using USDC  —  Stablegains has been accused of misleading customers about w
here their money was going.  —  Key Takeaways
Keep visiting techmeme.org for the latest news and updates.

Read Previous

Uber and Lyft have lost a combined market value of $20B+ in the week since the US labor secretary signaled intent to examine the classification of gig workers

Read Next

Amazon says it sold over 150M Fire TV devices worldwide, announces Ford and Stellantis deals to bring Fire TV to their in-car entertainment systems

Leave a Reply