Ogle claims that ‘the proposal did not guarantee the money would be used for Across; there were no formal agreements between the two companies.’
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Across Protocol DAO under fire over $23M fund misuse claims
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Ogle alleged that the Across Protocol DAO’s second governance proposal in October 2024 awarded Risk Labs 50 million ACX as “retroactive funding” without any binding obligation to spend the tokens on Across, and that the measure passed only because insider-controlled wallets tied to Risk Labs personnel cast decisive “yes” votes.
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