Glue Founder Accuses Across Team of Manipulating DAO Vote to Steal $23 Million from Treasury
Odaily Planet Daily – Glue founder Ogle published a lengthy post on X today, accusing the Across Protocol team of manipulating DAO votes through privacy measures to misappropriate approximately $23 million from the protocol treasury.
Ogle mentioned that in 2023 and 2024, the Across team initiated several votes, proposing to transfer a total of 150 million ACX to Risk Labs, a for-profit company established by the Across team, under the pretense of “strategic investment” and “retroactive funding.” They then used other addresses traceable to related parties to manipulate the votes in their favor.
Ogle added that he had given the Across team and Risk Labs ample time to correct any inaccuracies or disclose the matter themselves, but since they chose to remain silent, he felt compelled to write this post.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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