Patagon Management

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Patagon Management

Patagon Management

@PatagonLLC

Protecting and Creating Value | Proprietary Trading Firm

New York, USA เข้าร่วม Nisan 2023
11 กำลังติดตาม496 ผู้ติดตาม
Patagon Management
Patagon Management@PatagonLLC·
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
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Patagon Management
Patagon Management@PatagonLLC·
Friendly reminder the SEC has pointed out teams having voting control means a product is not truly decentralized…
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Patagon Management
Patagon Management@PatagonLLC·
This is clear premeditated theft from the community, we hope Hector will do the right thing and not go the way of Avi
Zilayo@0xZilayo

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🧵👇

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Patagon Management
Patagon Management@PatagonLLC·
@pilezitin We gave up the idea of becoming one when we found out Raiders was already taken
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Patagon Management
Patagon Management@PatagonLLC·
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.
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Patagon Management
Patagon Management@PatagonLLC·
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
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Patagon Management
Patagon Management@PatagonLLC·
@dcfgod @AragonProject The Aragon team have no basis to block this, any excuses they use are hollow. This has not stopped them from indirectly threatening Patagon as the enforcer of the DAO in this case, and further shows their desperation
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Patagon Management
Patagon Management@PatagonLLC·
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 👇🧵
Patagon Management tweet media
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Patagon Management
Patagon Management@PatagonLLC·
10/ We believe the shutdown process is harmful to investors and illegal, enriching people who have obliterated investor value and rewarding harmful actors. This is a simple case, and we are confident we will win it
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Patagon Management
Patagon Management@PatagonLLC·
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
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