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The DAO management platform Aragon considered selling its project in June

Sep 19, 2024 06:55:50

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ChainCatcher news, according to Coindesk, a screenshot of a conversation between an employee from investment firm Arca and DAO management platform Aragon shows that the Swiss entity behind Aragon, the Aragon Association, considered selling the project to anonymous bidders in June after experiencing community governance disputes.

It is reported that the screenshot is part of a 24-page investigative report written by cryptocurrency trading company Patagon Management LLC regarding the Aragon Association, which also includes allegations of the Aragon Association's missteps over the years, including squandering its various crypto assets valued at $180 million, and questioning whether the organization complies with Swiss nonprofit laws, but these allegations have not been immediately verified.

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