PANews reported on November 7th that, according to Lookonchain monitoring, a user who exchanged $621,000 of USDT for USDX two weeks ago and deposited it into the DeFi protocol usdxmoney now only has $163,000 left, a loss of $458,000 (-74%). The user became aware of the risk and attempted to redeem their funds after Stream Finance disclosed a $93 million loss on November 4th, but the funds remain trapped in usdxmoney.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.