UPDATE: Morpho Worldchain sdeUSD positions fully recovered.
The outstanding bad debt related to Elixir’s sdeUSD on Morpho Worldchain has now been completely repaid. The vault continues to operate as normal.
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
@euler_mab@eulerfinance The @Re7Labs BSC USDT and USD1 vault just disappeared for no reason..many people put funds in it and lost everything, you must give us and official response.
@euler_mab@eulerfinance I deposit 44k to Re7 Lab USTD and USD1 pool, the utilization of both pool remain 100% and I am not able to withdraw my fund ... Can you help me? This is about all of my family savings😭