Curve Finance Founder Faces Liquidation Amidst Significant Debt | Flash News Detail | Blockchain.News
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6/13/2024 3:00:52 AM

Curve Finance Founder Faces Liquidation Amidst Significant Debt

Curve Finance Founder Faces Liquidation Amidst Significant Debt

According to @lookonchain, the founder of Curve Finance, Michael Egorov, is currently undergoing liquidation. He has 111.87 million $CRV (valued at $33.87 million) as collateral and faces $20.6 million in debt across four different platforms. This situation could have substantial implications for the $CRV token's market dynamics.

Source

Lookonchain

@lookonchain

Looking for smartmoney onchain