{"id":677544,"date":"2025-06-27T15:20:23","date_gmt":"2025-06-27T12:20:23","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/across-protocol-dao-under-fire-over-23m-fund-misuse-claims\/"},"modified":"2025-06-27T15:20:23","modified_gmt":"2025-06-27T12:20:23","slug":"across-protocol-dao-under-fire-over-23m-fund-misuse-claims","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/across-protocol-dao-under-fire-over-23m-fund-misuse-claims\/","title":{"rendered":"Across Protocol DAO under fire over $23M fund misuse claims"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDMwZjUtMWU5Yy03ODlkLTk1MzktOGJjNmQ1MjE5OGU5.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>Across Protocol founders are accused of manipulating DAO governance to funnel $23 million in tokens to their affiliated for-profit company, Risk Labs.<\/p>\n<p><p>The founders of the crosschain bridge Across Protocol have been accused of siphoning $23 million of funds to their own for-profit company.<\/p>\n<p>In a Friday X <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/cryptogle\/status\/1938381152022368518\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/cryptogle\/status\/1938381152022368518\">thread<\/a>, Ogle \u2014 the pseudonymous founder of layer 1 project Glue and onchain sleuth \u2014 accused the founders of Across Protocol of covertly manipulating decentralized autonomous organization (DAO) votes to fund their for-profit company, Risk Labs. Ogle accused the project of being among the \u201cDAOs that are DAOs in name only.\u201d<\/p>\n<p>Hart Lambur, who founded both Risk Labs and Across, denied the claims in a separate <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/hal2001\/status\/1938479750185730231\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/hal2001\/status\/1938479750185730231\">post<\/a>. He said that Risk Labs is a Cayman Islands-based nonprofit with no shareholders. He shared a certificate of incorporation and claimed that the company operates under fiduciary obligations.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/across-protocol-founders-accused-of-funneling-23m-to-own-company?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Across Protocol founders are accused of manipulating DAO governance to funnel $23 million in tokens to their affiliated for-profit company, Risk Labs. The founders of the crosschain bridge Across Protocol have been accused of siphoning $23 million of funds to their own for-profit company. In a Friday X thread, Ogle \u2014 the pseudonymous founder of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":677545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-01\/019430f5-1e9c-789d-9539-8bc6d52198e9","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75186,74983,74868,78404,117,83227,70473],"class_list":["post-677544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-dao","tag-decentralization","tag-defi","tag-non-profits","tag-business","tag-companies","tag-voting"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/677544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=677544"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/677544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/677545"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=677544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=677544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=677544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}