Greenfield Capital, a backer of the Safe ecosystem since 2022, has formally requested that Switzerland’s foundation regulator examine the governance of the Safe Ecosystem Foundation. The investor is seeking the removal of Gnosis co-founder Stefan George from the board and the appointment of independent members to strengthen oversight.
The firm stated that all previous requests for governance changes were rejected by the foundation, prompting the escalation to regulatory authorities. This intervention highlights growing tensions over the stewardship and strategic direction of the decentralized custody protocol's governing body.
Greenfield Capital Requests Regulatory Review of Safe Ecosystem Foundation Board
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