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.
2026-03-26 14:46:30
