The Block (@TheBlockCo): THE BLOCK: A New York federal court will hear arguments today in a $15 million loan fight against Ostium, the onchain perps exchange that lost $23.75…
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THE BLOCK: A New York federal court will hear arguments today in a $15 million loan fight against Ostium, the onchain perps exchange that lost $23.75 million in a July exploit, according to court filings. ESS Frontier and Hong Kong lender Minghui Zheng sued Ostium earlier this month, asking the judge to freeze its assets and send the dispute to arbitration.