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DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)
Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)