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U.S. law firms investigate potential securities claims against Balancer, involving $128 million theft incident
BlockBeats News, February 9 — Rosen Law Firm, a U.S. investor rights law firm, is investigating potential securities claims against Balancer (BAL) token investors, alleging that Balancer may have issued misleading business information to the public. The investigation stems from a Bloomberg report on November 3, which stated that the DeFi protocol Balancer was attacked, resulting in over $100 million worth of digital assets being stolen.
According to monitoring by security firms PeckShield and Cyvers, the total loss from the incident is approximately $128 million. Rosen Law Firm is currently preparing to file a class action lawsuit seeking to recover investors’ losses.