TechFlow News — Sasha Ivanov, founder and community advisor of Vires Finance, stated that Alameda Research held a position worth $90,359,718.855452 in the USDN contract on Vires Finance. Alameda Research’s CEO, Sam Trabucco, previously confirmed they shorted WAVES by minting USDN using WAVES as collateral.
After Vires Finance incurred bad debt, Sasha Ivanov and advisors engaged Alameda to discuss ways to resolve the crisis, but Alameda refused to provide assistance.
Sasha Ivanov said ViresDAO continues striving toward goals such as restoring liquidity, and Waves will do its best to help all users recover their funds.Original article link
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