DeFi Risk Manager Alleges Fraud Over deUSD Depeg, Threatens Legal Action

DeFi Risk Manager Alleges Fraud Over deUSD Depeg, Threatens Legal Action

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DeFi risk manager K3 Capital has reportedly threatened legal action against Elixir and Stream Finance, alleging a "coordinated fraudulent scheme" in connection with the depegging of the deUSD stablecoin. This incident underscores potential systemic risks and legal complexities within the decentralized finance ecosystem.

K3 Capital Threatens Legal Action Against Elixir Over deUSD Depeg

The DeFi risk manager alleges a "coordinated fraudulent scheme" between Elixir and Stream Finance.