PANews reported on November 4th that, according to an official announcement, Stream Finance stated that an external fund manager disclosed a loss of approximately $93 million in Stream funds under their supervision. Stream has hired Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP to lead a full investigation. Currently, Stream is withdrawing all liquid assets and has announced the suspension of all deposit and withdrawal operations. Further updates will be provided regularly. Earlier today, PeckShield stated that StakedStreamUSD (XUSD) has de-pegged by approximately 23% .PANews reported on November 4th that, according to an official announcement, Stream Finance stated that an external fund manager disclosed a loss of approximately $93 million in Stream funds under their supervision. Stream has hired Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP to lead a full investigation. Currently, Stream is withdrawing all liquid assets and has announced the suspension of all deposit and withdrawal operations. Further updates will be provided regularly. Earlier today, PeckShield stated that StakedStreamUSD (XUSD) has de-pegged by approximately 23% .
Stream Finance: Suffers $93 million in asset losses, has suspended withdrawals and launched an investigation.
2025/11/04 11:57
PANews reported on November 4th that, according to an official announcement, Stream Finance stated that an external fund manager disclosed a loss of approximately $93 million in Stream funds under their supervision. Stream has hired Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP to lead a full investigation. Currently, Stream is withdrawing all liquid assets and has announced the suspension of all deposit and withdrawal operations. Further updates will be provided regularly.
Earlier today, PeckShield stated that StakedStreamUSD (XUSD) has de-pegged by approximately 23% .
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