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    You are at:Home»Crypto»$23M Grab Allegation Hits Across Protocol Team; Co-Founder Responds to Accusations
    Crypto

    $23M Grab Allegation Hits Across Protocol Team; Co-Founder Responds to Accusations

    $23M Grab Allegation Hits Across Protocol Team; Co-Founder Responds to Accusations
    xavier leeBy xavier leeJune 28, 2025001 Min Read
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    A pseudonymous crypto investigator, Ogle, founder of Layer 1 project Glue, has accused the Across Protocol team of orchestrating a $23 million grab from the DAO treasury through a network of undisclosed wallets. According to Ogle, insiders including project lead Kevin Chan and CEO Hart Lambur allegedly manipulated governance votes to secure large grants for their private company, Risk Labs, under the guise of community support.

    Ogle claims that hidden, insider-linked wallets cast decisive votes to pass proposals transferring millions of ACX tokens to Risk Labs, contradicting the DAO’s principles of decentralized governance. He further alleges that these token grants may have been sold early despite initial vesting commitments.

    In response, Across Protocol co-founder Hart Lambur strongly denied the accusations, asserting that Risk Labs is a nonprofit foundation and that all proposals were conducted transparently with full community engagement. Lambur emphasized that wallet votes were publicly linked and that the team complied with fiduciary duties.

    While acknowledging room for better disclosure, Lambur rejected claims of vote manipulation and criticized Ogle’s credibility. This ongoing dispute highlights serious concerns over governance integrity within the Across Protocol ecosystem amid the $23M grab allegation.

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