Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California

Lawsuit against Curve Finance CEO Michael Egorov rejected by California judge because Egorov didn't live in state when alleged misdeeds took place.

Three VC firms accused Egorov of fraudulently obtaining nearly $1M from them with false promise of Curve stake.

Firms have been pursuing breach-of-contract case against Egorov in Switzerland since 2020.

Egorov's lawyers say ruling confirms dispute belongs in Swiss courts where Egorov will prevail.

VC firms disagree with decision and say claims dismissed on procedural grounds, not merits.