A DeFi protocol Stream Finance just went insolvent for $93M.
Again, crypto users get fckd by horrible management, and probably scammers.
The middlemen here are @MEVCapital and @autopools and they are washing their hands of this.
A lot of everyday CT users just losing 5 figs.
Here's what happened:
My Friend deposited $10K USDC for 8% yield
→ Autopools lent her $10K USDC to Stream Finance.
→ Stream Finance went bankrupt.
→ Andrea Can't withdraw a penny now.
Just brutal -
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