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.
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- Source: 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
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