Arbitrum DAO Votes to Permanently Disqualify Three Violating Fund Recipients
The Arbitrum DAO Oversight Committee has initiated a vote to permanently disqualify three fund recipients due to their classification as severe abuse cases. None of the three parties responded or refunded the funds within a week: Good Entry distributed 142,839 ARB to 1,032 ineligible users; APX Finance is involved with a total of 239,714 ARB; Limitless exchanged 75,000 ARB for USDC and transferred it to the Base network. Currently, each proposal has approximately 636 to 638 voters participating, with a total of about 36.68 million ARB voted, achieving a support rate of 99.9% to 100%, with opposing and abstaining votes close to 0. The voting will close on September 18 at 5:30 PM, and the resolution will be a final social consensus decision of the DAO, not involving subsequent on-chain execution operations.
-- Price
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