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Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following CRV’s recent price drop and Curve exploit.

By Sage D. Young, Sam Reynolds|Edited by Danny Nelson
Updated Aug 4, 2023, 4:40 a.m. Published Aug 3, 2023, 7:57 p.m.
Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)
Michael Egorov (modified by CoinDesk)