Gauntlet, a risk management firm that caught sight of Egorov’s massive CRV loans on Aave as early as January, recommended at the time to freeze the CRV market on Aave V2 to mitigate the chances of a meltdown happening like it did on Monday. There are indications that Egorov actively managed his sizable position in the past, including at times paying down portions of the debt.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
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