Home Tech News YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users’ funds by investing them in UST, after earlier claiming it was investing in USDC (Timothy Craig/Crypto Briefing)

YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users’ funds by investing them in UST, after earlier claiming it was investing in USDC (Timothy Craig/Crypto Briefing)

uzair Jan 09, 2023 0 Comments

ycbacked defi stablegains 44m usdccraig cryptobriefing

YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users’ funds by investing them in UST, after earlier claiming it was investing in USDC — Stablegains has been accused of misleading customers about where their money was going. — Key Takeaways
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