Across Protocol responds to allegations of using $23 million in funds

Hart Lambur, co-founder of Across Protocol, responded to anonymous user Ogle's allegations about his team and protocol on social media today. He stated that Ogle's allegations are completely untrue and pointed out that Ogle has close relationships with Across competitors LayerZero and Stargate. In response to Ogle's accusation of extracting $23 million in funds from DAO for personal gain, Lambur stated that Risk Labs is a non-profit organization and the use of funds is strictly regulated by law. The funds have been used for protocol development and team expansion. In addition, regarding the accusation of "manipulating the governance process through internal voting", Lambur stated that team members' purchase of ACX tokens and participation in voting is a legal and transparent act, and the relevant voting process is open and has not received any opposition votes. He also refuted the claim of "violating the token sales restriction commitment", stating that these accusations are unfounded. Lambur emphasized that Risk Labs is selling existing tokens, unrelated to the two-year lock up period specified in the proposal, and all related tokens are still stored in Risk Labs' multi signature address. Previously, Across was accused of manipulating voting to withdraw $23 million from DAO vaults for its private company.