#128m

In brief Balancer outlined a plan to return roughly $8 million in rescued assets to affected liquidity providers following a $128 million exploit. The proposal details pool-specific reimbursements, snapshot-based distributions, and 10% whitehat bounties capped at $1 million. 0 About $28 million was salvaged in total through whitehat actions, internal rescues, and third-party interventions, with…

Elon Musk and X have settled with four former top executives at Twitter, including the former CEO, who accused the billionaire of failing to pay $128m in promised severance pay after he acquired the social media company in 2022 and fired them. The former executives say that Musk falsely accused them of misconduct and forced them out of Twitter after they sued him for attempting to renege on his…

Elon Musk will settle a $128 million lawsuit with four Twitter executives whom he fired after taking over the company in 2022. One of Musk’s first moves upon buying Twitter was to fire CEO Parag Agrawal, CFO Ned Segal, and top lawyers Sean Edgett and Vijaya Gadde. The four executives never received severance payments, which they claim is because they tried to hold Musk to his $44 billion…