SushiSwap CEO initiates new proposal: Suggests establishing a Sushi DAO legal defense fund

ChainCatcher message, SushiSwap CEO Jared Grey has initiated a new proposal. The proposal states that the U.S. Securities and Exchange Commission (SEC) recently issued subpoenas to Sushi and Jared Grey. He suggests that Sushi DAO provide 3 million USDT to establish a Sushi DAO legal defense fund to cover expenses related to the SEC investigation.

According to Jared Grey's proposal, 50% of the funds will come from Kanpai fees, 35% from grants, and 15% from Sushi. Additionally, the proposal states that if the funds are exhausted, the DAO will provide 1 million USDT as needed until the legal proceedings are concluded. (source link)