Across Protocol DAO Manipulation Scandal Revealed
Allegations surface against Across Protocol DAO for hidden wallets and $23M transfer to Risk Labs. Here’s what you need to know.
- Claims of hidden insider wallets swaying DAO vote
- $23 million allegedly moved to private firm Risk Labs
- Community voices call for transparency and accountability
Glue founder Ogle recently raised serious concerns about a covert operation by the Across Protocol team. In a dramatic reveal, it is alleged that a network of hidden, insider-controlled wallets was used to simulate broad community approval for a major treasury proposal. This manipulation enabled the passage of a substantial fund allocation—from the DAO treasury directly to the team’s private entity, Risk Labs.
Massive Fund Transfer to Private Company
According to Ogle’s claims, the proposal’s true intent was to funnel approximately $23 million from the DAO into Risk Labs. The scheme reportedly involved a carefully orchestrated web of wallets, each casting votes in favor of the grant. This allowed the proposal to falsely appear community-endorsed, raising deep ethical and governance concerns.
Community Reaction and Next Steps
The crypto community has responded with shock and outrage. Many are demanding that Across Protocol conduct a transparent audit of all related wallet activity and halt any suspicious transactions immediately. Some community members and on-chain analysts have asked for a forensic blockchain review to map out the alleged payment trail. Meanwhile, Across Protocol’s team has remained largely silent on the accusations—at least publicly.
Subtitles:
- Hidden Wallet Scheme? Insider Influence in DAO Voting
- $23 Million Moved—Where It Ended Up
- Calls for Transparency: What the Community is Saying
These developments highlight a growing scrutiny around DAO governance. Ensuring that votes are truly decentralized and community-driven is essential—especially when millions are at stake. As investigations unfold, the wider crypto ecosystem will be watching to see if Across Protocol can restore trust and accountability.
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