According to news on June 9, three VCs, ParaFi Capital, Framework Ventures and 1kx, sued Curve founder Michael Egorov for allegedly participating in fraudulent activities and handling commercial secrets, causing economic losses to him. The three companies invested $1 million in Curve in 2020, after which Michael Egorov deposited the investment into Curve’s liquidity pool, and the three VCs received neither CRV tokens nor refunds.