Plot to defeat crypto meltdown: Solend votes to seize, liquidate whale account

95% of SOL deposits from 1 person, so margin selloffs could mean collapse

Decentralized finance lending platform Solend tried to fend off the effects of the crypto meltdown at the weekend when 97.5 percent of its users voted to give it emergency powers to liquidate its largest customer account. A second vote held today reversed the first....