Cryptocurrency News

‘Sorry for spreading a rumor,’ says podcaster on Lido’s FUD



The co-founder of the content studio Bankless, David Hoffman, has apologized for spreading rumors about what he called a “Wells notice carpet bombing” targeting crypto firms, including the decentralized finance protocol Lido Finance.

The “carpet bombing” was a reference to a flood of Wells notices that Hoffman said a source told him were sent to crypto firms last week. He shared the unverified information during the Bankless Show podcast on March 3.

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