The Founder of the Giant #DeFi Project Sent Millions of Tokens to Crypto Exchanges.

The founder of Curve Finance (CRV), one of the largest decentralized finance projects (#DeFi ), sent millions of CRVs to the stock market.

According to data from #Blockchain , Curve Finance founder Michael Egorov sent 2.5 million CRV ($1.54 million) to the cryptocurrency exchange Binance at $0.62.

According to Coin Gecko data, CRV, which appreciated by 5 percent in the last seven days, lost some of these gains in the last 24 hours and fell to $ 0.61 with a decrease of 2.8 percent.

Curve Finance, a #Ethereum -based decentralized exchange, is among the largest DeFi platforms with $1.6 billion in assets locked on the platform, according to #Defi Llama data.

Michael Egorov sent 23.5 million CRV tokens worth a total of $14.5 million to#Binancein the last five days.

ParaFi Capital, Framework Ventures and 1kx sued Egorov, accusing him of defrauding them. However, the court in California dropped the case on the grounds that Egorov did not live there on the dates when he allegedly committed the crime.