Starting in early 2020, Framework Ventures, ParaFi Capital and 1kx declare that Egorov “engaged in a brazen, multi-faceted scheme to defraud” them over a six-month interval, in response to the grievance. The VCs additionally allege Egorov “misappropriated” the companies’ “commerce secrets and techniques,” together with “info that proved to be crucial to the event of Curve, reminiscent of key business contacts, potential traders, and data of how one can handle an funding spherical – all whereas falsely promising that Plaintiffs would profit from the fruits of their labor, not simply Egorov.”
