#loan
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Trader Faces Charges for $110 Million DeFi Scheme
U.S. authorities have indicted trader Avraham Eisenberg for orchestrating a fraud and market manipulation scheme on the decentralized exchange Mango Markets. The reports indicate that in late 2022, he intentionally drove up the price of the MNGO token by 1300%, leveraging it as collateral to secure a $110 million loan he failed to return. 
Liquity USD (LUSD): A DeFi Stablecoin Review
Liquity USD, or LUSD, is a stablecoin that maintains a 1:1 peg with the US dollar. It's used by the Liquity lending protocol as the primary asset for issuing loans backed by Ethereum (ETH). When LUSD is repaid, the loan is resolved, and the ETH collateral is returned to the owner at its nominal value. 
Bankrupt Alameda sues bankrupt Voyager
FTX’s lawyers prepared a $445.8 million suit against Voyager Digital, for loan repayments that Alameda made shortly before Voyager went bankrupt.
We have extensively covered this story of "unlove" earlier.
The comedy of the situation is that bankrupt Alameda accuses bankrupt Voyager Digital of using the money of creditor's clients, i.e. Alameda.
But the key point is that Alameda itself granted the loan from the FTX funds, which actually belonged to the customers of the curly-haired swindler's exchange.
Like a drowning swimmer, Sam is dragging everyone down with them. Does he really believe that would help them climb up to the top? 
Will Milei Succeed Bukele as the Bitcoin Maximalist Leader?
A controversial Financial Times report claims that El Salvador’s President Nayib Bukele might scale back his Bitcoin policies in exchange for an IMF loan. This raises the question: who could be the next leader to champion El Salvador’s Bitcoin experiment? 
Quantstamp Unveils Tool to Counter DeFi Flash Loan Attacks
Quantstamp, a blockchain security firm, has introduced the Economic Exploit Analysis tool designed to detect potential flash loan attack vulnerabilities in smart contracts.
While it can analyze multiple contracts from various DeFi protocols, some manual adjustments are needed for specific protocols.
Flash loan attacks, which have drained about $200 million in the Euler Finance exploit alone, are a growing concern in DeFi. Security Breach Shakes zkSync Network!
EraLend, a cryptocurrency lending protocol, was victimized by a re-entrancy attack, leading to substantial losses of $3.4 million.
The project's team confirmed via Twitter that the threat has been contained, and all loan transactions have been halted. As a precautionary measure, it's currently recommended to avoid making USDC deposits. 
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