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CoinFLEX's USD 47M Recovery Token Plan Questioned by Crypto Observers
Crypto derivatives exchange and yield platform CoinFLEX aims to turn the debt of a "high integrity" individual into a token called Recovery Value USD (rvUSD) in order to fund other customers' withdrawals. Not everyone is impressed with these plans.The exchange will issue rvUSD 47m at a price of USDC 1 per coin, cumulatively raising USD 47m....
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