“The Aragon treasury was established with the explicit mission of supporting builders to advance decentralized governance infrastructure. Based on Swiss regulations that mandate the use of Aragon’s treasury for its stated social purpose, fiduciary duty compels Aragon Association to secure these funds from those seeking to access them for their own financial gains. There is clear evidence that the entities involved in Aragon’s attack are pursuing that end.”
Source: https://www.coindesk.com/business/2023/05/09/aragon-cancels-planned-community-control-of-200m-treasury-amid-battle-with-activist-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines