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Tron founder withdraws over $4 billion from Aave protocol amid exploit speculations

source-logo  coingape.com 30 October 2021 12:01, UTC

Justin Sun, Tron founder recently withdrew $4.2 billion from Aave lending pools, affecting the liquidity of the Defi lending network, further causing a spike in interest rates. According to market speculations, the sudden and expensive liquidation is the result of the ongoing debate on Twitter between the Yearn and Aave community, regarding Aave being vulnerable to a potential exploit.

coingape.com