decentralized-finance
5 stories related to this topic, newest first.
CoinDeskVictims of North Korea Attacks File to Classify Aave Exploit as Fraud, Seeking Frozen $71 Million
Attorneys for victims of North Korean terrorism filed a response reframing the April 18 Aave exploit as fraud, aiming to preserve a freeze on $71 million in ether. The filing invokes the Terrorism Risk Insurance Act and questions Aave's standing to challenge the order. A hearing…
pymnts.comWorld Liberty Financial Files Defamation Lawsuit Against Justin Sun
World Liberty Financial has sued crypto billionaire Justin Sun for defamation, alleging he conducted a short-and-distort scheme against its token. The suit follows Sun's earlier fraud lawsuit against the company. The Florida-based firm seeks damages and a retraction of Sun's publ…
Joyce N. Boghosian / Wikimedia (Public domain)World Liberty Financial Countersues Justin Sun for Defamation After Asset Freeze Dispute
World Liberty Financial, linked to President Donald Trump and his family, filed a countersuit against cryptocurrency billionaire Justin Sun in Florida state court, accusing him of defamation after freezing his tokens. Sun had previously sued the firm for fraud. The dispute highli…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Allegation Surfaces of Blacklisting Function in WLFI Smart Contract
An individual alleged that World Liberty Financial embedded a secret blacklisting function in its WLFI smart contract. The function reportedly allows the company to freeze token holder wallets without notice or recourse. The individual stated that their own wallet was frozen in 2…
Amy hyperx / Wikimedia (CC0)Large Investors Purchase HYPE Tokens on Hyperliquid Platform
Two large investors acquired significant amounts of HYPE tokens on the Hyperliquid decentralized exchange. One whale deposited 7.86 million USDC to buy 200,042 HYPE at $39.3 per token. Another trader, Cooker.hl, purchased 50,751 HYPE for $1.99 million at $38.5 per token.