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.