#shawa16z
shawa16z
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Insider trading allegations just entered the DAO chat. 💀
The founder of daos.fun accuses a core member of baoskee of having known in advance about the plan to rename ai16z to avoid trademark issues, but instead of raising the issue via a Snapshot vote as promised, the person was allegedly selling a large amount of tokens.
According to Shaw, the alleged profits amount to around $6.6M, with on-chain transactions provided as evidence.
baoskee has denied the claims and called Shaw “completely insane.”
Shaw: “I have the on-chain receipts.”
baoskee: “Bro is completely insane.”
Blockchain: “I literally have the receipts.” 💀
These are still just allegations; it’s not a conclusion that insider trading actually took place.
If the on-chain transactions really prove that the tokens were sold before the information was released, how do you think a DAO should handle insider trading? 👀
#shawa16z #ai16z
The founder of daos.fun accuses a core member of baoskee of having known in advance about the plan to rename ai16z to avoid trademark issues, but instead of raising the issue via a Snapshot vote as promised, the person was allegedly selling a large amount of tokens.
According to Shaw, the alleged profits amount to around $6.6M, with on-chain transactions provided as evidence.
baoskee has denied the claims and called Shaw “completely insane.”
Shaw: “I have the on-chain receipts.”
baoskee: “Bro is completely insane.”
Blockchain: “I literally have the receipts.” 💀
These are still just allegations; it’s not a conclusion that insider trading actually took place.
If the on-chain transactions really prove that the tokens were sold before the information was released, how do you think a DAO should handle insider trading? 👀
#shawa16z #ai16z
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