#ETH news .........
#Azuki DAO Proposes to Recover 20K ETH From Founder
Azuki DAO has proposed to claw back 20K ETH from the project's founder, Zagabond, following allegations that he may have rug pulled investors.
The proposal, which is still under review, would allow the DAO to reclaim the ETH that was sent to Zagabond's personal wallet. The ETH would then be used to compensate investors who were affected by the alleged rug pull.
The allegations against Zagabond stem from the discovery that he was previously involved in two other NFT projects, both of which were abandoned after investors lost money.
Zagabond has denied the allegations, but the DAO is moving forward with the proposal to recover the ETH. The proposal is expected to be voted on by the Azuki community in the coming days.
