News Explorer — Huobi Cofounder Buys 10 Million CRV From Curve Founder Michael Egorov for $4 Million

By Decrypt August 03, 2023 In Celo, Cryptocurrencies, Curve DAO Token, FTX, Huobi, NFTs

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Huobi Cofounder Buys 10 Million CRV From Curve Founder Michael Egorov for $4 Million

Huobi cofounder Jun Du has purchased 10 million CRV tokens from Curve founder Michael Egorov for $4 million. Du has locked up the tokens as veCRV, which grants voting rights on the Curve platform. Egorov continues to sell CRV tokens to strengthen his loan position and has sold at least 55 million CRV to various parties.

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