Curve Founder Michael Egorov’s $168M CRV Stash Is Under Stress, Creating a Risk for DeFi

Gauntlet, a threat administration agency that caught sight of Egorov’s huge CRV loans on Aave as early as January, really helpful on the time to freeze the CRV market on Aave V2 to mitigate the probabilities of a meltdown occurring prefer it did on Monday. There are indications that Egorov actively managed his sizable place up to now, together with at instances paying down parts of the debt.