Across Protocol Token Crashes 10% Today Amid $23M Team Misappropriation Allegations

Description

The Across Protocol team faces serious allegations of misappropriating approximately $23 million from their Decentralized Autonomous Organization (DAO) treasury through allegedly manipulated governance votes, according to claims made public on June 27. The Ethereum-based cross-chain bridge protocol stands accused of transferring funds to Risk Labs, a private for-profit company founded by the same team behind Across Protocol. Web3 Advisor Drops Bombshell on Across Protocol Fraud The allegations o...