Lido co-founder appears to borrow $85M USDT to buy ETH

Lido (LDO) co-founder Konstantin Lomashuk appears to have borrowed $85 million in USDT from Aave to purchase Ethereum (ETH), according to Lookonchain on X. He reportedly transferred $80 million USDT to crypto market maker Amber Group, which then deposited the funds to exchanges and withdrew 15,814 ETH ($59.75 million).