Arbitrum proposal to return 700M ARB fails, whale calls it a “power play” Post author:MiamiCrypto Post published:April 15, 2023 Post category:arbitrum / dao / governance token The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval. You Might Also Like 100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault July 11, 2022 Arbitrum Network Stalled Due to Sequencer Downtime January 10, 2022 Bored Ape Yacht Club’s Apecoin DAO Airdrops Millions of Apecoins to NFT Owners March 18, 2022