The founder of Curve sold 72 million CRV to 15 entities through over-the-counter trading, raising 28.8 million dollars to repay debts
According to ChainCatcher news, monitored by Lookonchain, Curve Finance founder Michael Egorov sold a total of 72 million CRV to 15 institutions/investors at a price of $0.4 through over-the-counter trading, and will use the $28.8 million obtained to repay debts. Currently, he has 374.18 million CRV (approximately $220.4 million) collateral across 5 platforms with $79 million in debt.
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