Midas Investments close down amid $63M DeFi portfolio deficit

Custodial

Meanwhile, after recently revealing how it plans to refund users, DeFi platform Defrost Finance finally broke its silence over accusations of performing a “rug pull” after the recent $12 million exploit within its platform. The Defrost team told Cointelegraph that a compromised key does not equate to a rug pull.

In other DeFi news, Avraham Eisenberg was recently arrested and charged. In a complaint made public on Dec. 27, the Federal Bureau of Investigation pinned Eisenberg with commodities fraud and commodities manipulation because of the Mango Markets exploit.