FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by activist investors and comprised of dozens of disaffected holders who opted to join their exodus. The splinter group quickly initiated a redemption that paid nearly $5 per FLOOR, close to this year’s high water mark for the struggling asset, which is currently trading at $3.88.
Believe Founder Arrested on Strangulation Charges as Token Collapses 99%
Key Takeaways: Pasternak, 26, was charged with second-degree strangulation and third-degree assault over a March 31 incident; he has pleaded...
