Mochi Finance founder Azeem Ahmed sells 550,000 CVX from $54M rug pull proceeds as fraud allegations span four DeFi projects

Azeem Ahmed, the founder of Mochi Finance and its USDM stablecoin, and a figure linked to fraud allegations across at least four decentralized finance projects since 2020, sold approximately 550,285 CVX tokens on March 19, 2026 through a wallet that blockchain analysts have publicly associated with the Mochi protocol since the November 2021 Curve Finance pool drain that triggered one of only a handful of emergency DAO interventions in Curve’s history.