OX.FUN Faces Insolvency Allegations Amid JefeDAO Scandal
- OX.FUN is accused of insolvency and fraud by JefeDAO.
- $1 million USDC from a JefeDAO member was allegedly frozen by OX.FUN.
- OX.FUN founder Nicholas Bale reportedly demanded free promotion for fund release.
- JefeDAO denies claims of an “oracle manipulation attack” by OX.FUN.
- Reports suggest OX.FUN’s liquidity is approximately $1 million USD, primarily in proprietary tokens.
The dispute between OX.FUN and JefeDAO has led to accusations of insolvency, with $1 million USDC allegedly frozen, while OX.FUN claims normal operations continue amid the controversy.
Source (2.6)https://hodl.press/ox-fun-suspected-insolvent-amid-jefedao-scandal/?rand=24434
