DAO sues its own founders. Wait, seriously? ️

Yes, you heard that right! In November 2023, Aragon DAO voted to sue the Aragon Association — the entity behind the project. Why? The team unilaterally decided to shut down the DAO and offered to buy back $ANT tokens without community approval — potentially keeping $50 million in assets for themselves. Their reasoning? Around 35% of tokens hadn’t moved in years, so they assumed the owners lost access ����‍♂️

The DAO didn’t agree with this move. Members voted to allocate $300,000 in USDC to hire a legal firm and take the matter to court. If they win, $ANT holders will get their tokens back — plus 10% annual interest and 5% on top of the legal costs. If they lose, there’s no refund

The lawsuit is still ongoing, but the case has already made history. A DAO fighting its own founders? That’s decentralization in action!