Stream Finance co-founders have initiated legal action against former partners Caleb McMeans and Ryan DeMattia, alleging a $93 million cryptocurrency loss. The lawsuit accuses DeMattia of misappropriating protocol funds to offset personal loan losses, while McMeans is charged with failing to maintain transparency. The plaintiffs are seeking damages and enforcement of contractual obligations. This legal battle unfolds amid a tense market environment, with altcoins under pressure and the fear and greed index indicating increased market anxiety.
Stream Finance Founders File Lawsuit Over $93M Crypto Loss
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