March 23, 2025
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Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN

On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company’s treasury and donated $86k to SynthaMan, the company’s former treasurer that was liquidated during last week’s market plunge.

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