Aragon DAO community voted to support a lawsuit against its founding team and provide 300,000 USDC in funding.

According to a report by BlockBeats on November 21st, the Aragon DAO community has passed two votes to support suing its founding team and providing 300,000 USDC funds for the lawsuit. This vote is in response to the Aragon Association's dissolution of itself and termination of its governance token ANT through ETH redemption. The 300,000 USDC will be used by Patagon Management LLC to take legal action and negotiate with the Aragon team. After the vote, the 300,000 USDC will be sent to the Patagon wallet. The proposal states that others will also be able to help fund the lawsuit. If successful, they will receive their money back with 10% interest per year. They will also share 5% of the total funds and return it to token holders. If the case is lost, they will not receive compensation. The lawsuit will be supervised by a supervisory committee composed of representatives from investment company Arca, cryptocurrency trader DCF God, and individuals using the aliases Wismerhill, Tedward, CM, Triangle, and Yakitori.