Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back

Hedge fund manager Arca is stepping up its campaign to overhaul Gnosis, claiming the decentralized exchange and prediction market platform has deviated from its original mission. The post describes Gnosis’ $12.5 million 2017 token sale (which valued the project at $300 million) as an “interest-free loan.” After borrowing the money, the team “failed to deliver […]

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