MarginFi TVL Drops $120 Million Following Founder’s Resignation

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MarginFi TVL Drops $120 Million Following Founder’s Resignation
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Edgar Pavlovsky, the founder of MarginFi, announced his resignation on Wednesday following an internal dispute within the protocol’s builder, Mrgn.

MarginFi confirmed Edgar Pavlovsky’s departure via a statement on X. The team assured the community that despite Pavlovsky’s exit, core contributors, the company, and investors are actively involved to ensure a seamless transition. They stated that Pavlovsky’s exit resulted from internal operational disagreements and personal reasons, which the company respects while acknowledging his contributions to the project and expressing gratitude for his vision, leadership, and dedication.

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