TechFlow news, on June 27, Glue founder Ogle (@cryptogle) posted on social media alleging that the Across Protocol team is suspected of using hidden wallets to manipulate DAO votes, transferring approximately $23 million from the DAO treasury to the private company Risk Labs.
Ogle stated that Across project lead Kevin Chan submitted a proposal in 2023 requesting 100 million ACX tokens (worth about $15 million), then applied for an additional 50 million ACX (worth about $7.5 million) as "retroactive funding," and subsequently used other addresses traceable to affiliated entities to manipulate voting in favor of the proposals.
Ogle said he gave the Across team and Risk Labs ample time to correct any inaccuracies or disclose the matter themselves, but they chose silence, leaving him no choice but to write this article.
