AADAO Oversight Special Report: GM Misconduct/Mismanagement

[Cosmos_Nanny]

I provided a thorough report here:

AADAO Oversight - Elected Member Updates & Reports

Report: AADAO and Cosmoverse 2024 Dispute I. Problem Statement: A dispute arose between the Atom Accelerator DAO (AADAO) and Cosmoverse (grantee) regarding an $80,000 initial payment for a $100,000 approved grant. The transaction coincided with AADAO’s transition from ATOM-based to USDC-based disbursements. The conflict centers on two separate disbursements, each presenting distinct issues: March 20, 2024: AADAO erroneously sent 80,000 USDC to an incompatible Kraken CEX address (Payment 1) May…

Please direct your questions re the erroneous transfer of $80k USDC for Cosmoverse in the other thread. Thanks Stunzeed.