The founding team of Stream Finance has filed a lawsuit in the U.S. Federal Court against a partner, accusing them of embezzling $93 million of protocol assets to cover personal liquidation losses and falsely claiming "a car accident destroyed the laptop" to delay disclosure. The lawsuit states that Caleb McMeans, who took over the protocol's operational rights, handed over over $90 million in assets to Ryan DeMattia, who has no formal relationship with the protocol, to manage offline. During the ETH price crash in October, DeMattia was forcibly liquidated due to insufficient margin on personal loans, then used Stream assets to cover the losses, ultimately nearly wiping out the protocol's assets. The Stream team accuses McMeans of negligence, refusal to take responsibility, and transferring $2.1 million of protocol assets to his personal wallet. They now request the court to find him in breach of contract and enforce the protocol's obligations. (DL News)