Curve CEO was sued by 3 crypto funds for "fraud" 🔥🔥
Cryptocurrency trio 1kx, Framework Ventures, and ParaFi Capital have jointly sued Curve Finance founder Michael Egorov, accusing him of running a “sophisticated scam” scheme that caused financial damage.
Specifically, a complaint has been filed with the Superior Court of California, accusing Egorov of stealing business secrets of the venture capital firms ParaFi Digital Opportunities, Framework Ventures, and 1kx, and defrauding them of losing more than $1 million USD with promises of future shares in Curve.
