Lista DAO identified MEV Capital as the firm controlling a lending vault’s risk settings after a Binance Wallet user reported being unable to redeem about 3,000 Tether (USDT) for about a year.
The user, posting as @is9203029798693, said multiple contacts with customer support had not restored access to the funds.
In a Nov. 10 response, Lista identified MEV Capital as the vault’s independent curator. Lista said the curator decides how vault funds are allocated and sets its risk parameters. Lista operates the lending platform but said it cannot override settings controlled by an outside vault manager.
Lista also said MEV Capital had taken legal action against Stables Labs in connection with efforts to resolve the matter. Lista said it would continue helping address the user’s complaint.
The user’s account describes a loss of access to funds, while Lista’s response identifies a division of authority between the platform provider and the firm managing the vault. Lista did not announce a date for a resolution.
