The proposal includes provisions that would liquidate the treasury “and allow Ward and Murray to distribute the tokens,” although it does not say to whom. BarnBridge’s treasury sits above $200,000 in various cryptocurrencies according to public data on two wallets. Some of that cash is also earmarked for legal expenses by the proposal.
Source link: https://www.coindesk.com/business/2023/10/11/defi-protocol-barnbridge-prepares-for-sec-action-fines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines by Danny Nelson at www.coindesk.com
