CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk

CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk

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Source: Coindesk.com

CRV plunges as Curve founder faces multi-million dollar liquidation risk. Founder Micheal Egorov has taken a CRV-backed cumulative loan of nearly $100 million, data tracking firms said.

Lending protocol Curve’s CRV token plunged 30% in early Asian trading hours as some loan positions supposedly tied to its founder, Michael Egorov, started

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The post "CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk" appeared first here Coindesk.com.

Source: Coindesk.com

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