Assistant professor, data processing & analysis expert, lead .net developer, crypto enthusiast. Bitcoin #HODL -er from 2012. 42k+ followers on instagram
@Re7Labs Better tell us when you’re going to return the millions of dollars you froze because of your incompetence. Or should the people you scammed take this to Interpol?
@Lyskey@vesuxyz@Re7Labs@Re7Labs are scammers. They stole millions of USDT on Euler. I personally lost over $44,000 in the Re7Labs lending vault. Be careful.
@WorldOfMercek@Re7Labs@vesuxyz@Re7Labs are scammers. They stole millions of USDT on Euler. I personally lost over $44,000 in the Re7Labs lending vault. Be careful.
@eulerfinance So “Tokenize The World” turned out to be… a lenders scam? Hard-coded collateral prices, zero chance of liquidation, and lenders left holding the bag. Call it what it is: massive fraud.
@eulerfinance@monad Euler used a hard-coded collateral price, which meant that liquidation could never occur. This led to lenders losing tens of millions of dollars. I don’t recommend anyone to put their funds on this platform.
@jobsincrypto@Re7Capital Before considering this vacancy at Re7labs, I advise candidates to google the company's history and the unprofessionalism that led to lenders losing hundreds of millions of dollars. I wouldn’t be surprised if they end up facing charges
Update on Hyperithm Euler USDT Earn Vault (Plasma) — Asset Distribution Plan
As previously announced, approximately 70% of the assets in the Hyperithm Euler USDT Earn Vault will be distributed to depositors. The remaining 30% remains safely locked in the Re7 xUSD Lending Vault and will be claimable if recovery becomes possible after Stream Finance’s legal proceedings conclude.
A distribution plan for the unlocked portion has been finalized. If any changes are made to the allocation table after the dispute window, they will be shared prior to execution.
Allocation Table :
https://t.co/MUqyKyuSxg
Distribution Details
– Earn Vault holders will receive EVK (mHYPER Hyperithm Lending Vault) tokens, representing their proportional share of the unlocked 70%.
– Column B lists the Earn Vault share balances.
– Column C lists the EVK tokens to be distributed.
– Column D shows the estimated USDT0 the EVK tokens can be redeemed for, based on the continuously updating share-to-asset ratio.
Special Handling
– Hyperithm fee wallets will be excluded from distribution.
– Tokens assigned to the Beefy vault contract will be delivered directly to Beefy team for onward distribution to Beefy vault participants; this may experience delays pending confirmation.
– The deBridge contract holds a negligible balance and may be processed later.
– All remaining EOA and Safe wallets will receive EVK tokens directly.
Dispute Period and Schedule
Prior to distribution, users are able to submit disputes via the following google form
https://t.co/XisKbXEarq
– Dispute Period: 3 days (Until November 29 3PM UTC)
– Disputes will only be accepted for:
• Address-related issues (e.g., Safe wallet requiring an alternate receiving address)
• Quantity discrepancies (e.g., incorrect entry in the allocation table)
– Operational or subjective requests cannot be considered.
🚀 You’ve been invited to join the GLM Coding Plan! Enjoy full support for Claude Code, Cline, and 10+ top coding tools — starting at just $3/month. Subscribe now and grab the limited-time deal! Link: https://t.co/ZsQINZEmTL
We entrusted @Re7Labs and @Re7Capital on @eulerfinance
Now a liquidity crisis is leaving many lenders stuck with no clarity on what's left — or what solutions are being explored.
The situation is critical for many ppl, and silence is not an acceptable response
@Matthew_Mills18@Re7Labs completely failed to manage collapsing collateral, wiping out lenders’ funds. Tens of millions lost due to their mismanagement. Hundreds of lenders lost everything to re7labs’ collapse and are uniting on Discord & Telegram to take legal action.
@euler_mab@Cody_DeFi@papproper@BTCadept@Re7Labs@eulerfinance@CoinDesk Apart from just talking, you didn't do anything. Lisha Dao avoided a loss of 3 million doller through timely settlement through decision-making, and some other platforms fully took responsibility. Is it right for Euler not to take action.
@euler_mab@papproper@Re7Labs@eulerfinance@CoinDesk Why was the XUSDT price hardcoded? Utilization was at 100% starting from November 2, and XUSDT could still be easily exchanged for USDT on November 3 and 4 with a 7–10% discount, but for some reason, the price on Euler didn’t change and liquidation didn’t occur.
Internal chaos at @Re7Labs & @eulerfinance after they lost all client funds by ignoring collateral liquidation.
Now they’re quietly marking vaults as deprecated to hide the damage.
This could be the biggest DeFi cover-up of 2025. 😬
@CoinDesk#DeFi#EulerFinance#Re7Labs#Scam