The post Mantle DAO Limits FTX and Alameda Research Token Conversion! appeared first on Coinpedia Fintech News
A community member of the Mantle decentralized autonomous organization (DAO) has raised concerns about allowing the collapsed FTX exchange and Alameda Research to convert their BitDAO (BIT) tokens worth $43 million to Mantle (MNT) during the ongoing token migration process. The proposal suggests restricting the conversion, citing potential risks and negative impacts on the Mantle ecosystem. The discussion has sparked debate among participants in the DAO, as they consider the potential implications of such a decision. The community is closely monitoring the situation, and a decision is expected to be made soon.
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