Odaily News Across co-founder Hart Lambur issued a statement denying the allegations of misappropriation of funds and vote manipulation made by the founder of Glue.
In response to the accusation of privately withdrawing $23 million for personal gain, Hart said that Risk Labs is a non-profit foundation subject to Cayman law, and the funds are used for protocol development. Harts annual salary is only $100,000, and he has not received token rewards. The use of funds is in line with DAO practices and has promoted the development of Across v3 and v4.
In response to the accusation that the governance process is manipulated by insiders, Hart said that team members are free to use the tokens they purchased to vote, Kevins wallet (maxodds.eth) is public, Reinis vote is legal, the proposal was passed without any dissenting votes, and the process was transparent.
Earlier news, Glue founder Ogle posted on social media accusing the Across Protocol team of manipulating DAO votes through privacy and embezzling approximately US$23 million from the protocol treasury.