Michael Egorov

News

A digital illustration of a stressed individual monitoring cryptocurrency prices on a screen, with fluctuating charts and tokens like CRV prominently displayed. Background elements should include symbols of decentralized finance (DeFi) and lending protocols.

Curve Finance Founder Faces Loan Liquidation Risk

By Anthony Burr | TH3FUS3 Managing Editor

Michael Egorov, the founder of Curve Finance, finds himself at risk of further liquidation of his on-chain loans. The price of Curve DAO (CRV) has plummeted over 25% in the past 24 hours. Egorov's DeFi loans are at risk, with major positions underwater.

June 13, 2024 09:56 AM

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