Across Protocol is accused of privacy manipulation in DAO, misappropriating $23 million in funds.

On June 27, Glue founder Ogle posted on social media, accusing the Across Protocol team of manipulating DAO votes through privacy, misappropriating approximately 23 million dollars from the protocol treasury.

Ogle stated that the Across team initiated multiple votes in 2023 and 2024, proposing to transfer a total of 150 million ACX to the for-profit company Risk Labs established by the Across team under the names "strategic investment" and "retrospective funding," and then manipulate the votes to pass using other addresses traceable to associated traces.

Ogle further stated that he gave the Across team and Risk Labs ample time to correct any inaccuracies or disclose the matter themselves, but they chose to remain silent, thus he had to write this article.