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Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification
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Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the community governance model and the power dynamics of centralized organizations in decentralized ecosystems.

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