Exploited CurveFi Boss Faces Liquidation Threat Should CRV Crash 33%
Lookonchain, a renowned on-chain data resource, took to Twitter to highlight concerns regarding Michael Egorov, the founder of the recently exploited pool, Curve Finance. Lookonchain noted that Egorov faces mounting debt issues from the high Annual Percentage Yield (APY) of over 140% on Fraxlend. According to Lookonchain’s tweet, the founder attempted to address the situation...