The multisig was supposed to be secure.
Seven signers. Five approvals.
One illusion of control.
🕵️♂️ On-Chain Crimes: Gaslight, Gatekeep, Gnosis Safe (A DAO drama in three wallets)
It started small just a governance proposal here, a treasury vote there.
But slowly, the DAO turned into something else.
The core team said,
“It’s community run now.”
But the Gnosis Safe said otherwise.
Signers never changed.
Funds stayed frozen.
Votes passed… and then quietly disappeared into working group hell.
Then came the drama.
Screenshots leaked.
Private chats went public.
One mod got kicked for “toxic behavior.”
Another left to “focus on mental health.”
They called it decentralized.
But the same three wallets controlled every decision ....
and one of them hadn’t been active in months.
The DAO wasn’t dead.
Just gatekept to death.
By the time the rage quit proposal passed, the treasury was down bad.
The contributors had burned out.
And the vibe?
Forked and forgotten.
In the end, the Gnosis Safe was safe.
Everything else… got rugged by governance.
