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A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists

Posted on 09/23/2023

A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists

It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury.

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