Ampleforth is facing a governance proposal attack seeking to transfer 2.5 million USDC from its treasury to the proposer under the stated purpose of funding completed work for a SPOT ecosystem analysis tool. The proposal was submitted on September 12 by a newly activated externally owned account and remains pending, with no votes cast and no funds transferred.
The proposal requires 75,000 FORTH to reach the submission threshold and 600,000 FORTH to pass. At the alert-time price of $0.27, approximately $160,000 would be needed to assemble the required passing votes. The proposer and recipient address currently control voting power equivalent to about 87,200 FORTH, while a delegating address with the same voting power delegated it to the proposer 19 minutes before the proposal was submitted.
Ampleforth Faces Proposal Attack Seeking $2.5 Million in Treasury USDC
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