Odaily Planet Daily News A lawsuit filed by three venture capital firms against Curve Finance founder Michael Egorov was dismissed by a California judge, in part because the defendants did not live in the state when the alleged misconduct occurred.
ParaFi Capital, Framework Ventures and 1kx have filed a lawsuit in San Francisco, California Superior Court alleging that Egorov participated in a fraudulent scheme to misappropriate trade secrets from the three VCs and obtain them through false promises of “possible equity in Curve.” Trusted and supported by investors, nearly $1 million was defrauded. (CoinDesk)