Arbitrum DAO Rejects Proposal to Fund Tornado Cash's Legal Defense

Today, the cryptocurrency market witnessed another shocking situation when Arbitrum DAO decided to scrap an important proposal for legal funding for the Tornado Cash project. The proposal aims to transfer nearly $1.3 million worth of ARB tokens from the community wallet to support developers Roman Storm and Alexey Pertsev, who are behind the cryptocurrency mixing service Tornado Cash.

According to information, the delegate with the pseudonym DK submitted this proposal on March 7 with the goal of providing legal protection for developers. However, according to an Arbitrum spokesperson, this proposal was removed from the system at DK's request.

The reason behind the removal of this proposal was not clearly disclosed. However, it has created concern and confusion in the cryptocurrency community.

https://coinspake.com/arbitrum-dao-tu-choi-de-xuat-tai-tro-cho-bao-ve-phap-ly-cua-tornado-cash/

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