Recent allegations against Across Protocol regarding the misuse of ACX tokens and governance manipulation have sparked considerable attention within the crypto community. Co-founder Hart Lambur swiftly responded to these accusations, aiming to restore trust among participants.
Overview of Across Protocol Controversy
The controversy surrounding Across Protocol began when an anonymous user known as "Ogle" made serious accusations against Hart Lambur and his team regarding alleged misappropriation of $23 million worth of ACX tokens and governance manipulation. Lambur refuted these claims, stating they were "false" and "baseless," highlighting the importance of trust in the decentralized ecosystem.
Allegations Regarding ACX Token Governance
The anonymous source "Ogle" claimed that the protocol team manipulated governance processes; however, Lambur explained that team members purchased ACX tokens on the open market and voted with publicly linked wallets. All voting procedures were transparent, with open discussions and no opposition to proposals.
Transparency and Accountability in DAO Management
Lambur emphasized that "no granted tokens have been sold," countering assumptions of misuse. He expressed intentions to enhance the information disclosure process for future proposals to increase transparency, a crucial step toward reinforcing community trust.
The incident with Across Protocol illustrates the critical importance of factual information verification in decentralized spaces. Lambur's response underscores the necessity for transparent DAO management and promotes trust among participants in the crypto community.
