Arbitrum DAO recently made the decision to cancel a funding proposal intended to support Tornado Cash developers' legal expenses. The proposal, which sought to allocate up to $1.3 million for legal defense, was withdrawn by the Arbitrum DAO following concerns raised by the original fundraiser.
The decision to remove the funding proposal was prompted by legal concerns brought forth by the author of the fundraiser. This move reflects a cautious approach by the Arbitrum DAO to ensure compliance with legal regulations and to mitigate any potential risks associated with funding legal defense for Tornado Cash developers.
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