Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»TRADING NEWS»Sushi governance under investigation as core team faces manipulation allegations
TRADING NEWS

Sushi governance under investigation as core team faces manipulation allegations

By Crypto FlexsMarch 8, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Sushi governance under investigation as core team faces manipulation allegations
Share
Facebook Twitter LinkedIn Pinterest Email

SushiSwap has faced accusations of governance manipulation and financial opacity as tensions grow over the removal of governance forums.

Decentralized cryptocurrency exchange SushiSwap found itself in hot water after the community accused its core team of deleting parts of its governance forum and ignoring snapshot voting amid a backlash over its financial management.

in X post In late February, former SushiSwap contributor Naim Boubziz sparked controversy by highlighting the project’s core team’s removal of its governance forum amid criticism over its use of government funds.

In a follow-up post on March 4, Boubziz wrote that the Sushi operations team removed four snapshot governance proposals that advocated for restoring the forum and increasing transparency about treasury funds. Boubziz also noted that the team limited the creation of new snapshot polls to only core team members.

Edit: As of 2020, anyone with 200,000 SUSHIPOWAH could make a proposal.

Today, after deleting the forum, condemning the feud, deleting four snapshots, and changing the rules to allow only core members to write proposals.

— Naïm Boubziz (@BrutalTrade) March 4, 2024

One proposal on the forum highlighted “serious concerns about the current operations team’s management of Sushi’s treasury funds” and urged the SushiSwap community to “take steps to correct the current situation, which is neither sufficiently transparent nor objectively justified within the DAO structure.” urged.

The proposal also calls for the compensation committee to be suspended, full disclosure of bonuses and salaries, and disclosure of entities established by Sushi’s management team. But nothing has changed since then.

Sources close to the SushiSwap community claimed in comments to The Defiant that the project’s core team attempted to “hold the DAO hostage,” and that the team’s response to the pushback included locking forum posts, deleting critical posts, and banning and purging users. He added that it was done. role. Despite the growing concerns, SushiSwap has not publicly addressed the claims about its management practices or provided anything reassuring as of this writing.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The expansion of the Bitpanda Eyes market strikes record profitability

August 5, 2025

Bitcoin has taken 3%of Trump tariffs and $ 75 million in Longs.

August 4, 2025

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025
Add A Comment

Comments are closed.

Recent Posts

ONyc Launches On Kamino, Unlocking Real-World Yield And Collateral Utility In Solana DeFi

August 5, 2025

Your Best Choice For Security, Efficiency, And Transparency

August 5, 2025

The expansion of the Bitpanda Eyes market strikes record profitability

August 5, 2025

Bitfinex Alpha | While the market is waiting for the catalyst, BTC is integrated and leverage falls.

August 4, 2025

Apu Is Now Live For Trading On Hyperliquid

August 4, 2025

Mara raises hashrates, reaches 50K Bitcoin, and plans to expand

August 4, 2025

Bybit Expands USDT0 Support To HyperEVM, Corn, And Berachain — Unlocking Seamless Stablecoin Access Across Ecosystems

August 4, 2025

Credix Hack adds $ 3.1 billion in defect loss in 2025, depending on Multisig Oblures Surge.

August 4, 2025

Bybit’s Ben Zhou Invites Community To Rewrite Their Own Success In Mid-Year Keynote Livestream

August 4, 2025

Bitcoin has taken 3%of Trump tariffs and $ 75 million in Longs.

August 4, 2025

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ONyc Launches On Kamino, Unlocking Real-World Yield And Collateral Utility In Solana DeFi

August 5, 2025

Your Best Choice For Security, Efficiency, And Transparency

August 5, 2025

The expansion of the Bitpanda Eyes market strikes record profitability

August 5, 2025
Most Popular

Bitcoin and Altcoin can find new highs this week.

June 9, 2025

Ronin Network opens Mavis Store

January 10, 2024

Solana (SOL) validators have approved the “Timely Voting Credits” proposal to accelerate blockchain transactions.

April 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.