Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The backlash from the...
Tag: Stablegains
Investors Sue Crypto Yield Platform Stablegains For Falsely Promoting Terra UST
The crypto space is witnessing many lawsuits regarding losses of investors’ funds on different platforms. Most cases are related to the misuse and diversion of customers’ funds and the false promotion...
Stablegains Sued for Allegedly Misleading Investors
The decentralized finance yield platform known as Stablegains is the subject of a legal action that has been brought against it in a court in the state of California on the grounds that it allegedly d...
Stablegains sued for allegedly misleading investors on UST as a safe investment
Stablegains, a decentralized finance (DeFi) yield platform, is facing legal action in California for allegedly misleading investors and violating securities laws. Plaintiffs Alec and Artin Ohanian fil...
Lawsuit Filed Against Yield Platform ‘Stablegains’ Over UST Promotions
2 hours ago | 2 mins read Exchange News As per the plaintiffs UST is a security and Stablegains violated federal securities laws. Allegedly after the crash, Stablegains changed its website and advert...
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
Decentralized finance yield platform Stablegains has been sued in a Californian court for allegedly misleading investors and failing to comply with securities laws. On Feb. 18, plaintiffs Alec and Art...
Stablegains Files A Lawsuit Hashed Loses Billions Finder Is Incorrect And Much More
Hashed’s crypto wallet shows the company still has approximately 25 million LUNA, which could have brought in about $3 billion if sold at the coin’s all-time high of $118 in early April. The commentat...
Stablegains in hot water after losing more than $40M due to Terra’s collapse
Yield app Stablegains faces allegations of misusing clients’ money — and possibly a lawsuit — after losing more than $42 million, which it had invested in UST via Anchor protocol without informing cli...
Anchor Protocol-Linked Stablegains Allegedly Loses $42M to UST Collapse
Stablegains, a U.S.-based startup aimed at generating yield for investors via decentralized finance (DeFi) lending, has reportedly lost $42 million worth of funds belonging to investors as a result of...
Yield App Stablegains Faces Lawsuit After Losing $44M on UST
Key Takeaways Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed...