TechFlow news: Members of AragonDAO have filed a proposal demanding the project update and disclose its $160 million financial status, or face legal action.
It is reported that tensions between investors and the Aragon Association date back to June 2022, when Aragon investors voted to transfer control of the project's $160 million funds to the voting DAO by November 2022. However, the funds have never been transferred, and the association has also ceased publishing transparency reports providing information on financial expenditures.
Aragon DAO members expressed frustration over the Aragon Association's lack of transparency and are demanding a response from the organization.
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