“The Across Protocol (ACX) token was more than 10% after accusations of manipulation of Tao management and potential insider trading before Binance listing. TLDR: Across Protocol/Bridge ($ ACX) Team Used Secret Potes to Extract ~ $ 23M from The Across Dao’s Treasury for Their Own Private Company’s Benefit. Background: I’ve Many Times Posted About Daos That Are Are […]”, – WRITE: Businessua.com.ua
The Across Protocol (ACX) token was more than 10% after being charged with DaO management and potential insider trading before Binance listing.
TLDR: Across Protocol/Bridge ($ ACX) Team Used Secret Potes to Extract ~ $ 23M from The Across Dao’s Treasury for Their Own Private Company’s Benefit.
Background: I’ve Many Times Posted About Daos That Are Daos “In Name Only” – That Is, Organizations That Pretend to Be Run by “The …
– Ole | glue.net (@cryptogle) June 26, 2025
According to Coingcko, ACX is traded at $ 0.13, having lost 10.1% per day.
ACX/USD Day graph on Coinbase. Source: TradingView.
The accusation was released by Glue founder under the pseudonym Ole. According to him, the Across Protocol team withdrew about $ 23 million from the Tao Treasury to Risk Labs, which it itself controls. To do this, they allegedly used controlled wallets that voted for the necessary proposals without disclosing the conflict of interest.
CEO Risk Labs Hart Lambur denied all the charges.
I am the Founder of Across. The allegations in here are categorically unrue and i will vigorously defense Our Protocol and Our Team.
In no way has the accounts team “extracted” Value from the Dao. That is sonsane isne’s hard to even respond to.
I’ve been building in this space…
– Hart Lambur (⛺️, ⛺️) (@Hal2001) June 27, 2025
He stated that Risk Labs is a non -profit organization registered on Kaymani. Grants, he said, was directed to the development of the protocol, not the enrichment of the team.
Lambur noted that the participants voted from personal public wallets, and one of the disputed decisions was made unanimously – without objections throughout the seven -day window.
Subsequently, Layerzero co -founder Brian Pellegrino suggested that Lambur could trade ACX before Lieuting at Binance in December 2024.
So… someone just sent me this. Is buying your own token ahead of upcoming LISTING LEGAL?
Doesn’t look green. pic.twitter.com/480annt77V
– Bryan Pellegrino (臭企鹅) (@primordialaa) June 27, 2025
In response, CEO Risk Labs called the statement “unacceptable competitor’s behavior” and added that he had purchased tokens from a public wallet to support the project and still holds them.
“We had no idea that Binance would add ACX. They learned about it with Twitter, like everyone else. The exchange can confirm this, ”he explained.
According to Lambur, the team really had contact with Binance in early 2024, but the communication stopped long before the listing. He considers Pellegrino’s accusations as a slander within competition.
Recall that in May 2024, the Uniswap Labs and Across Protocol teams were brought to discussion by the ERC-7683 industry standard for cross-in-class.
The gun
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