Home Cryptocurrency Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN

Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN

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Synthentix is a decentralized finance (DeFi) protocol that provides liquidity for derivatives platforms across the DeFi market. It has $237 million in total value locked (TVL), down more than 76% from March’s total of $1.02 billion, according to DefiLlama. The company’s treasury contains $39.4 million, data from Token Terminal shows.

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