Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO

gepubliceerd op by Coindesk | gepubliceerd op

The non-profit entity behind ethereum's hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals.

The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation who say they were pressured to resign by CEO Rune Christensen in late March.

The Pullinger letter names David Currin, Denis Erfurt, Thomas Pulber, James Reidy and Kenny Rowe as the five board members who were asked to resign.

The feud, the letter states, ostensibly started with Christensen's discovery of a Signal chat group started in February called the "Purple Pill Discussions."

CoinDesk contacted MakerDAO to verify the letter's authenticity and to ask several additional questions pertaining to its contents.

While Pullinger's letter does not threaten legal action, it does maintain that his clients are technically still members of the MEGF board.

"Our clients can only be removed as directors in accordance with the laws of the Cayman Islands and the Articles of Association," the letter states.

The letter says the five clients are still committed to the project and that their "Strong preference is to resolve these issues amicably."

CoinDesk attempted to reach those named in the letter but was not able to contact Erfurt.

Following the CEO's discovery of the Purple Pill Discussions, two meetings were convened, according to the letter.

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