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News Explorer — Solana DeFi Protocol MarginFi Sees CEO Resign Amid Internal Conflict, Significant Withdrawals

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Apr 11, 4:37 am
Coindesk

Solana DeFi Protocol MarginFi Sees CEO Resign Amid Internal Conflict, Significant Withdrawals

Edgar Pavlovsky, the CEO of MarginFi, resigned amidst internal conflicts at Solana DeFi project. MarginFi experienced a day of intense withdrawals, with nearly $100 million pulled out by users. Despite the turmoil, MarginFi assured that its products remain unaffected and operational.

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