Sunday, December 10, 2023

Curve Finance CEO Egorov Sued by Three DeFi-Centered Enterprise Capital Corporations



Starting in early 2020, Framework Ventures, ParaFi Capital and 1kx declare that Egorov “engaged in a brazen, multi-faceted scheme to defraud” them over a six-month interval, in keeping with the criticism. The VCs additionally allege Egorov “misappropriated” the corporations’ “commerce secrets and techniques,” together with “info that proved to be crucial to the event of Curve, corresponding to key trade contacts, potential traders, and information of how one can handle an funding spherical – all whereas falsely promising that Plaintiffs would profit from the fruits of their labor, not simply Egorov.”

Source link

Read more

Local News