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DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%

Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.

By Shaurya Malwa|Edited by Omkar Godbole, Nick Baker

Updated Jun 13, 2024, 7:10 p.m. Published Jun 13, 2024, 8:57 a.m.

Green and orange spiral as abstract object on the dark background, representing Ethereum layer 2. (vlastas/iStock)