TechFlow news, November 21: Re7 Labs released an update on the xUSD depegging incident, stating it has engaged the law firm Pillsbury Winthrop Shaw Pittman to investigate the situation and provide advice on formal legal options, including asset recovery. Repeated attempts to contact Stream Finance and Stables Labs previously yielded no satisfactory responses. Legal notices have now been served to relevant parties demanding repayment and preservation of evidence. Currently, the Morpho Worldchain sdeUSD position has been fully restored, and treasury exposure has been reduced by over 50%.
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