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Defillama Founder Reviews Strategy Face Lawsuit: Investors Should Be Aware of Bitcoin's Potential Risks

2025.05.19 20:56:12

On May 19th, 0xngmi, the founder of Defillama, commented on the situation facing a class-action lawsuit in terms of strategy evaluation. He said, "This lawsuit appears to be from people complaining that the strategy underestimated the amount of funds that could be lost when Bitcoin's price drops." "But if you invest in a company that claims to be a 'Bitcoin leverage' firm, what else could you anticipate? It is quite obvious what will occur when Bitcoin's price drops."
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A user downloaded a fake crypto wallet from Huawei’s official app store, leading to the theft of 170,000 USDT.

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