Curve founder has approximately $48.7 million in outstanding debt across four platforms.
2023-08-06 14:02
According to Lookonchain, Michael Egorov, the founder of Curve Finance, sold a total of 142.6 million CRV tokens to 30 institutions and investors through OTC at a unit price of $0.4, obtaining $57 million to repay debts.
As of now, Michael Egorov still has 269.8 million CRV tokens (equivalent to $166 million) mortgaged on four platforms, with a debt scale of approximately $48.7 million.
According to previous reports from on-chain analyst Yu Jin, from last night until this morning, Michael Egorov, the founder of Curve Finance, sold another 28.625 million CRV tokens to 6 investors/institutions.
Since August 1st, the Curve founder has sold a total of 142.65 million CRV tokens to 30 investors/institutions, earning $57.06 million.
As of now, Michael Egorov still has 269.8 million CRV tokens (equivalent to $166 million) mortgaged on four platforms, with a debt scale of approximately $48.7 million.
According to previous reports from on-chain analyst Yu Jin, from last night until this morning, Michael Egorov, the founder of Curve Finance, sold another 28.625 million CRV tokens to 6 investors/institutions.
Since August 1st, the Curve founder has sold a total of 142.65 million CRV tokens to 30 investors/institutions, earning $57.06 million.
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