Home›Tech Geek›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

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

Daniel Harrison

March 1, 2023

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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

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Daniel Harrison

As a blogger and creative writer, I strive to create content that not only informs but also entertains. My passion for SEO allows me to ensure that my writing is seen by as many people as possible. I believe that everyone has a story worth telling, and I am dedicated to helping others share theirs.