Protecting and Creating Value | Proprietary Trading Firm
New York, USA
Joined April 2023
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A few weeks ago, Patagon was able to freeze USDT associated with Wei Wu of @Spartacus_Fi.
Do not underestimate the reach of the long arm of the law
Friendly reminder the SEC has pointed out teams having voting control means a product is not truly decentralized…
This is clear premeditated theft from the community, we hope Hector will do the right thing and not go the way of Avi
1/ Members of the @hector_network community have recently expressed concern that they believe the redemption contract was exploited earlier for $2.7m.
A cursory investigation of the facts🧵👇
INSUR has burned hundreds of thousands while achieving no growth and misusing funds, as well as going back on investment promises and governance. It is time for them to do the right thing and shutdown.
We are very happy to have won by a gap of 20% the most recent vote (in spite of against voters using accelerated vesting tokens). We hope to fight for a resolution that is advantageous to ANT holders and redeemers
Patagon Management retweeted
Today, the AA unilaterally shutdown the ANT token, the gov token of Aragon, without a vote. They have given a redemption offer of ~95% of BV, keeping $11M for “obligations”, leaving holders in the cold. This cannot be tolerated 👇🧵
Today, the AA unilaterally shutdown the ANT token, the gov token of Aragon, without a vote. They have given a redemption offer of ~95% of BV, keeping $11M for “obligations”, leaving holders in the cold. This cannot be tolerated 👇🧵
9/ This does not mean there aren’t people in Aragon that wanted to do the right thing, but clearly greed twisted internal decision making. With this in mind, Patagon will be leading a legal case in the coming weeks
Patagon Management retweeted
Just reviewing the latest Aragon announcement (blog.aragon.org/a-new-chapte…). They decided to steal unclaimed funds while knowing that 30% of the tokens have never been migrated. I will join a lawsuit that will be initiated in the coming days by an entity that led one previously.
