haowi.eth🦙🦙🦙🚀🚀🚀|11月 08, 2025 06:21
USDX's so-called 'recovery plan' is nothing more than a PR stunt after pulling liquidity and blocking users.
The timeline of events is crystal clear
1️⃣ First, they used the Balancer incident as an excuse to pull on-chain liquidity;
2️⃣ Then, they shut down all user communication channels—Telegram, Discord, everything was blocked;
3️⃣ Only after users started accusing them of fraud and selective redemption,
did they come up with a so-called 'recovery plan,'
which is nothing but a Google form + a few vague promises.
No on-chain evidence, no timeline, no responses.
This isn’t transparency—it’s delay and cover-up.
Right now, users need to know immediately:
What happened to the USDX positions and collateral assets stored on Binance and OKX?
Were they misappropriated by the team? Transferred, re-pledged, or even emptied?
Until the custody of funds and transaction records are made public,
this so-called 'recovery plan' is meaningless.
#USDX #StableLabs #Transparency #DeFi #UserRights
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