FTX contagion

Cryptocurrency trading company Auros Global appears to be suffering from an FTX infection after defaulting on the principal of a 2,400 Wrapped Ether (wETH) decentralized finance (DeFi) loan. Institutional loan underwriter M11 Credit, which manages Maple Finance’s liquidity pool, told followers on a Twitter thread on Nov. 30 that Auros was unable to repay the…