Key Takeaways
- External fund manager disclosed a loss of about $93 million in Stream fund assets.
- Perkins Coie LLP was engaged to conduct a comprehensive investigation into the incident.
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Stream Finance, a decentralized finance (DeFi) platform focused on improving capital efficiency and maximizing yields through innovative strategies and protocols, has temporarily suspended all withdrawals and deposits after an external fund manager reported a $93 million loss in Stream’s funds.
Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets.
In response, Stream is in the process of engaging Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP, to lead a comprehensive…
— Stream Finance (@StreamDefi) November 4, 2025
The company is currently withdrawing all liquid assets and is conducting a thorough investigation led by Keith Miller and Joseph Cutler from Perkins Coie. Stream is committed to maintaining transparency and will provide periodic updates during the investigation.
This is a developing story. Please come back for further updates.
