👉👉👉 #sushi deletes discussion of law firm amid long restructuring
The SushiSwap community recently voted on a proposal to transfer the majority of the treasury from the DAO to a 'Labs' entity. Sushigov.eth, representing the largest individual voter with 5.5 million SUSHIPOWER, supported the proposal, which passed by a margin of approximately 8 million votes.
Sushigov.eth received significant amounts of Sushi tokens from an address linked to *🍣👨🍳.eth, including approximately 1.9 million on April 4 and 1.78 million on April 3. These transfers are part of a broader effort by Sushi to restructure itself, a process initiated in 2022 with guidance from Fenwick & West law firm.
In 2023, Sushi announced a switch in legal advice from Fenwick & West to Gresham International. While some community members questioned the decision due to Gresham's lack of recognition, Jared Grey, Sushi's 'head chef,' defended the move, citing Gresham's experience with other projects in the space.
Gresham International's website lists accolades such as 'Top Speaker,' 'Crypto Lawyer of the Year,' and '#Blockchain Lawyer of the Year.' However, these awards are not widely covered outside the firm's website. Cal Evans, a managing associate at Gresham, stated that these awards were obtained through various industry events.
Protos asked Evans about Gresham's involvement in the movement of assets from the DAO to the Labs entity, but he declined to comment, citing client privacy. Gresham's Gitbook mentions previous collaborations with projects like Aubit, which encountered issues including criminal activities. However, Gresham distances itself from any legal disputes involving its clients.
Currently, the implementation vote to transfer assets to the Labs entity has overwhelmingly positive support, with approximately 99% 'Yay' votes, including from sushigov.eth.
Source - protos.com
