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The team across the protocol faces serious accusations of abuse of approximately $ 23 million of their Decentralized autonomous organization (DAO) According to the claims published on June 27th Minipura through allegedly manipulated votes in the area of public administration.
The Bridge Cross chain protocol based in Ethereum is accused of transferring funds to Risk Labs, a private profitable company established by the same team behind the protocol.
Web3 advisor drops a bomb for a log with a protocol
The accusation came from Ogle, the founder of the adhesive network and an advisor to Trump associated World Liberty Financial (WLFI)who claimed that the team across the protocol organized a transfer of 150 million Ax chips (worth $ 23 million) on risk laboratories under the pretending “strategic investment” and “retroactive financing”.
According to Ogle’s analysisThe co -founders and initiates of the protocol reportedly manipulated the proposals for managing public affairs and bypass the Democratic decision -making process of the Dao to extract the flows from the cash desk that were entrusted with protection.
Ogle contacted key numbers, including Kevin Chan (Risk Labs treasurer) and Hart Lambur (across the CEO of the protocol), which they both described as “very sensitive”.
However, marketing leader James Richard Fry was “almost completely useless” and “dismissive” when he addressed the accusation.
Despite his trust in finding Ogle, he acknowledged that the data analysis on the chain carries its own risks of error and states that before the publication of the accusation he made an extensive due diligence.
Subject Secret Wallets: As the initiates allegedly stole $ 23 million per daylight
The controversy focuses on two separate management proposals. In October 2023, Kevin Chan has publicly submitted a proposal Require 100 million ACX tokens (approximately $ 13.5 million at current market rates) from DAO to risk laboratories.
The proposal was submitted as a Strategic investment in the future throughout the future of the protocolWith explicit assurances that the tokens will not be sold for two years to resolve the community concerns about the possible impact of the market.
The proposal seemed to have wide support of DAO, but the analysis of blockchain reportedly revealed the coordinated vote of initiated persons.
While Chan publicly submitted a proposal through his address “Kevinchan.lens”, allegedly handed over the massive “yes” vote from a separate wallet “Maxodds.eth”, he traced to him through his Friend.Tech Account and addresses of a family member.
Chan exceeded voting efforts. Reinis FRP member reportedly used millions of ACX chips on several secret wallets, while the second largest voting wallet, which represents 14% of votes, was reportedly funded by the founder of Hart Lambur.
A year later, the team applied for a “retroactive funding” for another $ 7.5 million. Chan’s Secret wallets again represented 44% of the votes “yes”.
This second proposal raised more concerns when team members Published on Discussion Forums The fact that they were selling agreements on the token options to the “strategic investors” who used tokens from the first proposal effectively monetized the rights to chips before the expiry of the two -year period.
The founder of the protocol denies everything: “We do things in the right way”
Hart Lambur definitely replied to the accusation and categorically denied any unlawful conduct.
I am the founder across. The accusations here are categorically false and I will strongly defend our protocol and our team.
By no means have a team across "extracted" Value from Dao. This is so crazy that it is difficult to respond to it.
I built in this space …
– Hart Lambur (,, ,,
) (@Hal2001) 27th June 2025
“Under no circumstances should he” extracted the “extracted” team from the DAO. This is so crazy that it is difficult to respond to it, ”Lambur said.” I built for 6 years in this space. I and my team are some of the few long -term builders who do things in the right way. “
The accusation resonated in the cryptocurrency community. Founder and Investor in Bless Network supported Ogle’s claims and thanked him To “detect rot in the system” and note that such “misleading extraction of value over DAO is happening all the time”.
The creator of the Ethereum Game Lineabros space urged ogle to explore similar practices in Lido DaoTeam behind the popular protocol for downloading fluids.
Impact on the market
The accusation had a significant impact on ACX tokens holders. The token dropped by 11.63% on the day the accusation appeared, which prolonged its 30 -day losses to 40..95%.
ACX is currently traded for $ 0.1355, lost almost all value of its $ 1.74 High-Time, which reached seven months ago.
This formula looks similar to the recent incidents in space. Two months ago, OM, native token Mantra Blockchain project has lost more than 90% of its value In a single day in the middle of similar accusations of incorrect conduct of dedicated persons who will delete over $ 6 billion to market capitalization.
Contribution Across the log token today falls 10% at $ 23 million team accusations of team He appeared for the first time Cryptonews.
