PANews reported on September 9th that Suilend tweeted that the IKA price surged today from $ 0.04 to $ 0.47 , resulting in the liquidation of some IKA loans at inflated valuations, creating a shortfall of approximately $ 379,000 . This loss has been shared among IKA depositors, with each IKA depositor's balance reduced by 6% . Suilend stated that other assets and markets were unaffected, that IKA lending has been suspended, and that the platform will continue to provide updates on progress.PANews reported on September 9th that Suilend tweeted that the IKA price surged today from $ 0.04 to $ 0.47 , resulting in the liquidation of some IKA loans at inflated valuations, creating a shortfall of approximately $ 379,000 . This loss has been shared among IKA depositors, with each IKA depositor's balance reduced by 6% . Suilend stated that other assets and markets were unaffected, that IKA lending has been suspended, and that the platform will continue to provide updates on progress.
Suilend IKA depositors face 6% balance cuts due to price anomalies
2025/09/09 12:38
PANews reported on September 9th that Suilend tweeted that the IKA price surged today from $ 0.04 to $ 0.47 , resulting in the liquidation of some IKA loans at inflated valuations, creating a shortfall of approximately $ 379,000 . This loss has been shared among IKA depositors, with each IKA depositor's balance reduced by 6% . Suilend stated that other assets and markets were unaffected, that IKA lending has been suspended, and that the platform will continue to provide updates on progress.
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