TechDeFi governance gap let one wallet request 98% of Ampleforth’s USDC treasury

Ampleforth canceled Proposal 54 on-chain before voting began. The request would have sent 2.5 million USDC—about 98.5% of the protocol’s displayed USDC balance—to the proposing wallet, after it received concentrated delegated voting power. No vote or transfer occurred; GoPlus Security called it an attack, but intent remains unproven.

DeFi governanceAmpleforthUSDC treasuryblockchain security

CCryptoSlate★★☆☆☆2026-09-15 16:30Original