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ROLLUP: Elizabeth Warren's Anti-Crypto Army | Arbitrum Controversial Vote | Dogecoin Twitter
Bankless
The Dilemma of the Arbitrum Foundation
The arbitrum foundation is a separate entity to off chain labs. It was established with no funds, no money. The 10 million arbed tokens were sold to Fiat to fund pre-existing contracts and pay for the near term operating costs. And then also, like you said, the remaining 40 million arbed token has been allocated as a loan to a sophisticated actor in the financial market space. That's winter mutes. So I think the community who might be frustrated by this should consider this increasing the liquidity of ARB by transferring these 40 million dollar tokens to a market maker. But like anyone who is in my opinion questioning the incentives of the ARB spectrum team and ARB spectrum org
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