A crypto trader ignored all warnings and risks when they swapped $50 million in Tether for AAVE, only to end up with $36,000. In a post on X, Aave founder Stani Kulechov said the trader ignored all ...

A lone crypto trader has suffered a devastating $50 million loss in a single transaction after swapping $50.4 million USDT for just 327 yield-bearing AAVE tokens.