kaal:claim:4067783-007

DAO projects accounted for a material share of the largest crypto frauds of the year: two of the top six crypto rug pulls in 2021 were DAO projects.

Source quote, verbatim

Of the top six crypto rug pulls in 2021, two were DAO projects.

From

Wulf A. Kaal, DAO Fallacies (2022), II.2 Myth #2: Scams, p. 5
https://ssrn.com/abstract=4067783 · source PDF

Cite as

Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783

Holds when

2021
top six crypto rug pulls by size

Classification

empiricalsupport: evidencedfailure: DAO concentration among largest rug pullsfamily: fraud-and-misconductdaoempirical-evidence

Related claims

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supported_by kaal:claim:4529715-029 Lobby3 was effectively attacked from within: founders maintained heavy control and slowly diverted funds to th...

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