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The Cardboard House Problem: How a $500 Fake Token Exposed the Blind Spot Underneath $100 Billion…

By Idris Oguntoye · Published April 6, 2026 · 1 min read · Source: DeFi Tag
RegulationMarket Analysis
The Cardboard House Problem: How a $500 Fake Token Exposed the Blind Spot Underneath $100 Billion…

Someone took out a $285 million mortgage on a cardboard house. The bank didn’t notice because the appraisal checked out.

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