Across co-founder refutes Glue founder’s allegations of fund misappropriation and vote manipulation
According to Jinse Finance, Across co-founder Hart Lambur has published a statement denying the allegations of fund misappropriation and vote manipulation made by the founder of Glue. In response to the accusation of “withdrawing $23 million for personal gain,” Hart stated that Risk Labs is a non-profit foundation governed by Cayman law, with funds dedicated to protocol development. Hart himself receives an annual salary of only $100,000 and has not accepted any token rewards. The use of funds complies with DAO conventions and has supported the development of Across v3 and v4. Regarding the allegation of “governance process manipulation by insiders,” Hart explained that team members are free to use tokens they have purchased themselves to vote. Kevin’s wallet (maxodds.eth) is public, Reinis’s votes are also legitimate, and the proposal passed without any opposing votes, ensuring a transparent process.
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