Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Glue founder accuses Across team of manipulating DAO votes and stealing $23 million from treasury
2025-06-27 01:43

Odaily News Glue founder Ogle published a long article on X today, accusing the Across Protocol team of manipulating DAO votes through privacy and stealing approximately $23 million from the protocol treasury.
Ogle mentioned that the Across team launched multiple 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, in the name of "strategic investment" and "retroactive funding", and then used other addresses that could be traced back to the connection traces to manipulate the votes to pass.
Ogle added that he gave the Across team and Risk Labs ample time to correct any inaccuracies or disclose the matter themselves, but they chose to remain silent, so he had to write this article.