DeFi Giant Curve Roiled as Founder Michael Egorov’s Loans Get Liquidated; CRV Slides 30%

Wallet transactions show Egorov actively taking steps to mitigate risks. In the early Asian hours, several loans were repaid on Inverse and Llamalend with FRAX, DOLA and CRV tokens. Some of the addresses also conducted several swaps between CRV and Tether’s USDT, the data shows.