$500 million dollars worth of assets is effected and over $141+ million dollars worth of assets is pratically gone forever. They hired expensive lawyers who will suck up the rest of the avaliable money.If you deposited money in morpho pendle, euler or beefy you might be effected by this as many pools used xusd, many pools now have a considerable amount of bad debt. The head developer has fled, private his twitter, deleted his discord account.Some people put their life savings, all of their either on this platform, one guy put 300k dollars worth of assets on the protocol too. Thoughts /biz/. I had money (staked btc) on thar protocol but jeeted months ago due to the long lock up periods.
>>61258306The future of finance
Crypto rug/scam/heist No.1341
entire defi protocols gettin straight liquidated out heah
>>61258306Man so many defi rugs. Clear bear market signs, deep and Kate bear market actually. Makes sense, alts are dumping since December.
>>61258306This and balancer hack yesterday are why markets are in full blood mode.
>>61258306Here we go. The first dead body from last months giga crash. There has to be a market maker that's in trouble too
Shoulda used chainlink and reliable price feeds that hasnt been taken down
>>61258306>I'm reading this as depositors will possibly get some money back
>>61258625They aren't bro the ceo pulled the I'll do suicide card.
>>61258641>moron
Any time lawyers are involved it's shitshow that is waste of every one's times right?
>>61258660True though, it isn't looking good for depoisitors, they would have been able to pay people 50%+ worth if assets if they didn't hire the most expensive lawyers around.
>>61258306Absolute state of the entire crypto space
>>61258396>No.1341Wow we are still so far from non-crypto rug/scam/heists. We need to pump those numbers.
>>61258641>anime avatar ''''''''''''investment''''''' rats>everywherekek this whole mongoloid festival unwind is going to be biblical
>>61258870Half of them are nft bros but eh same thing I guess
