Curve Contributor Wins Harassment Case Over ₱563.09 million ($9.3 million) Exploit

Curve Finance contributor Haowi Wong won a harassment case against OneKey founder Wang Lei and a pseudonymous X user after months of public attacks tied to a ₱563.09 million ($9.3 million) hack.

Singapore's Protection from Harassment Court ruled on March 24 that Wang Lei and @web3feng must stop harassing Wong. The court ordered Wang to pay 2,500 Singaporean dollars in damages and costs by April 7. The pseudonymous account holder didn't show up to court.

The harassment started after Resupply, a stablecoin lending protocol, got exploited in June 2025. Wang publicly told followers to steer clear of all projects associated with Curve and Yearn. He accused Wong of involvement in the exploit, though Resupply functions as a sub-DAO of Convex and Yearn Finance rather than a direct Curve project.

Wong said the situation crossed from technical debate into personal attacks and threatening behavior. Curve founder Michael Egorov told DL News that no single person from Curve worked on Resupply and that Wong took them to court because he loves Curve and cannot tolerate FUD. OneKey later issued a statement calling Wang's advocacy personal behavior and denying the company organized any attacks on Curve.

The exploit itself used a flash loan attack starting with ₱242,190 ($4,000) borrowed from Morpho. The attacker manipulated vault accounting through a series of donations and deposits, draining ₱581.26 million ($9.6 million) in reUSD tokens. Resupply's TVL dropped as users lost confidence and the protocol set borrow limits to zero. Wong said DeFi exists to solve trust issues by removing black boxes from traditional finance, but that doesn't mean it exists outside the rule of law, with the court ordering Wang Lei to pay damages by April 7.