#ostiumloandisputehearingsetinnyfederalcourt
Ostium is heading to the New York Federal Court today for a massive loan dispute! ๐๏ธ Remember when they claimed their off-chain infra got hacked for $23.7M USDC back in July? Now, Hong Kong lenders are suing the team, the Cayman foundation, and the CEO, demanding a total asset freeze! Talk about a real-world drama surrounding a Real World Asset (RWA) platform on Arbitrum! ๐ฟ
โก๏ธ Does this affect traders? If you are liquidity providers (OLP) or trading RWAs on Arbitrum, expect heavy volatility.
โก๏ธ What should traders do? Secure your funds, avoid over-leveraged bets on distressed protocols, and always move your major bags to rock-solid, fully secure exchanges. Stay safe!
Not financial advice. DYOR! ๐
Support VINHTOCDO! Claim your trading fee discount by registering on Binance: https://www.binance.com/register?ref=VINHTOCDO ๐
๐ Click to trade below to support me:
$ARB
| $BNB
| $BTC
#CryptoNews #RWA #ARBฤฐTRUM #VINHTOCDO
Ostium is heading to the New York Federal Court today for a massive loan dispute! ๐๏ธ Remember when they claimed their off-chain infra got hacked for $23.7M USDC back in July? Now, Hong Kong lenders are suing the team, the Cayman foundation, and the CEO, demanding a total asset freeze! Talk about a real-world drama surrounding a Real World Asset (RWA) platform on Arbitrum! ๐ฟ
โก๏ธ Does this affect traders? If you are liquidity providers (OLP) or trading RWAs on Arbitrum, expect heavy volatility.
โก๏ธ What should traders do? Secure your funds, avoid over-leveraged bets on distressed protocols, and always move your major bags to rock-solid, fully secure exchanges. Stay safe!
Not financial advice. DYOR! ๐
Support VINHTOCDO! Claim your trading fee discount by registering on Binance: https://www.binance.com/register?ref=VINHTOCDO ๐
๐ Click to trade below to support me:
$ARB
| $BNB
| $BTC
#CryptoNews #RWA #ARBฤฐTRUM #VINHTOCDO
