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Across Protocol price drops 11% amid allegations of $23M ACX token misappropriation

  • Across Protocol price dropped by 11% in 24 hours, reaching a critical support level at $0.13.
  • Allegations surfaced claiming that the Across Protocol team misappropriated $23 million in ACX tokens through governance manipulation.
  • The co-founder of Across Protocol dismissed the allegations as 'lies' and pledged to defend the protocol and team.
  • ACX token price has seen a significant decline, losing 41% in the past month with an 11% drop in the last 24 hours, amidst market reaction to the allegations.

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