Mochi Finance founder offloads 550K CVX as fraud claims deepen across DeFi
Mochi Finance founder offloads 550K CVX as fraud claims deepen across DeFi
Mochi Finance founder Azeem Ahmed sold about 550,285 CVX for roughly $946,000, pushing the token down more than 10%.The CVX stack traces back to a 2021 Curve pool drain that left liquidity providers with an estimated $54 million in losses.Ahmed now faces years of on-chain fraud allegations spanning at least four DeFi projects, with diverted rewards and liquidity drains topping $8 million.