The Interchain Foundation (ICF), a Swiss nonprofit supporting the Cosmos blockchain, is facing a vote of no confidence due to allegations of financial mismanagement. The foundation has been criticized for its lack of transparency, and there are demands for the release of financial records. The ICF is accused of failing its fiduciary duties to investors.

ATOM

The Interchain Foundation (ICF), a Swiss nonprofit supporting the Cosmos blockchain, is facing a vote of no confidence over allegations of financial mismanagement. The foundation, like others supporting blockchains, has been criticized for lack of transparency. The proposal demands the release of years of financial records and accuses the ICF of failing its fiduciary duties to investors.

Interchain Foundation Faces Vote of No Confidence Over Financial Mismanagement