Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

Over a year without redemption: Binance Wallet users complain about Lista wealth management products

a user named "is" has complained that they purchased a 3,000 USDT Lista wealth management product in Binance Wallet that was advertised as offering "instant redemption," but it remains unredeemable after more than a year, and multiple attempts to contact customer service have failed to resolve the issue. Lista DAO responded that MEV Capital, as the manager of the vault, bears full responsibility for fund management and user assets; Lista DAO has initiated legal proceedings against Stables Labs. Lista DAO stated that Lista Lending is an open platform where each vault is independently operated by a different manager, and the platform cannot override the managers' risk parameters.