News
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 (Timothy Craig / Crypto Briefing)
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 where their money was going. — Key Takeaways — Stablegains has been accused of misleading customers about where their money was going. — Key Takeaways Source