SushiSwap CEO initiates new proposal: Suggests establishing a Sushi DAO legal defense fund

2023-03-22 11:05:30

Collection

ChainCatcher message, SushiSwap CEO Jared Grey has initiated a new proposal. The proposal states that the U.S. Securities and Exchange Commission (SEC) recently issued subpoenas to Sushi and Jared Grey. He suggests that Sushi DAO provide 3 million USDT to establish a Sushi DAO legal defense fund to cover expenses related to the SEC investigation.

According to Jared Grey's proposal, 50% of the funds will come from Kanpai fees, 35% from grants, and 15% from Sushi. Additionally, the proposal states that if the funds are exhausted, the DAO will provide 1 million USDT as needed until the legal proceedings are concluded. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.