Coinnounce
2022-05-19 16:33:40

Did Stablegains lose $ 42 million of user funds in UST?

A Twitter user FatmanTerra has revealed that a DeFi firm promised its users in its terms that they would invest their money in stablecoins like USDC (USD Coin) and UST (TerraUSD). But instead of investing equally, it invested all the money in UST. FatmanTerra presented two images: 1. the wordings of the terms page from […]

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