Compound Foundation Denies V2 Reserve Misuse Allegation

The Compound Foundation on Sept.

The Compound Foundation on Sept. 28 rejected governance participant Ugur Mersin’s allegation that it misused 8.42 million DAI in the lending protocol’s V2 reserves, saying the assets remained DAO-owned and had not funded Foundation operations. In its statement, the Foundation acknowledged... Read the full story at The Defiant