AzukiDAO proposes to recuperate 20,000 ETH from Azuki founder ‘Zagabond’

A brand new decentralized autonomous group (DAO) purportedly made up of a “devoted group of Azuki lovers” has launched a proposal to claw again 20,000 Ether (ETH) from Zagabond, the founding father of the blue-chip nonfungible token (NFT) model Azuki.

The proposal, initiated on July 2, outlines hiring a lawyer to take authorized motion in opposition to Zagabond, whose actual title is Alex Xu, for allegedly “rugging” a number of tasks. The clawback seeks $39 million price of ETH earned from the launch of Azuki’s controversial “Elementals” NFT assortment. It proposes allocating any funds retrieved again to the DAO to “promote the expansion of the complete Azuki group.”

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