Glue founder Ogle today published a long article in X, accusing the Across Protocol team of misappropriating about $23 million from the protocol treasury through privacy manipulation of DAO voting.
Ogle mentioned that the Across team initiated a number of votes in 2023 and 2024, proposing to transfer a total of 150 million ACX to Risk Labs, a for-profit company established by the Across team, under the name of "strategic investment" and "retroactive funding", and then use other addresses that can be traced back to the association traces to manipulate the voting.
Ogle added that he gave the Across team and Risk Labs ample time to correct any inaccuracies or make the matter public on their own, but they chose to remain silent and therefore had to write this article.
Glue founder accuses Across team of manipulating DAO voting and embezzling $23 million
2025-06-27 01:52:33
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