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Curve founder responds to liquidation: The position is stolen assets and has no real CRV support

2024-12-19 15:51

BlockBeats news, on December 19, Curve founder Michael Egorov issued a response to the "$882,000 on-chain CRV lending position was liquidated" incident, saying that the position was not backed by any CRV (these CRV were stolen in the uwu hacker attack on June 10).


In this sense, these are not real CRVs, but a kind of "voucher" that "Sifu promised to repay the stolen funds."


BlockBeats previously reported that the lending protocol UwU Lend suffered a loss of $3.72 million in an attack.

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