Stream Finance has made a big splash. The founding team directly sued the partners in federal court with a shocking reason: $93 million in protocol assets were diverted to cover personal liquidation holes.

Here's what happened — Caleb McMeans, who took over operations, handed over over $90 million to offline manager Ryan DeMattia, but the problem is that this guy had no formal relationship with the protocol. As a result, during the ETH price surge in October, he was liquidated.

Even more outrageous is the subsequent action: in order to buy time and avoid revealing the truth, they actually fabricated the excuse that "a car accident damaged the laptop." The script is so poorly written that even third-rate TV dramas wouldn't dare to portray it this way.

Now all the court documents are out, with the numbers clearly laid out. Once again, the DeFi community is witnessing a trust crisis firsthand — over $90 million just vanished like that.