Head Chef Jared Grey<\/cite><\/blockquote>\n\n\n\nAs for the composition of the legal defense fund, Grey informed the community that half of the funds would come from Kanpai fees in a lump sum payment. 35% of the funds would be taken from grants, and the rest would come from TWAP (Time-Weighted Average Price) market selling the SUSHI token. The token has tanked more than 5% since Jared Grey\u2019s proposal was posted. <\/p>\n","protected":false},"excerpt":{"rendered":"
SushiSwap’s CEO Jared Grey has proposed a $3 million legal defense fund to cover legal costs for core contributors after Sushi DAO and Grey were subpoenaed by the U.S. SEC. <\/p>\n","protected":false},"author":62,"featured_media":581435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108120,22,2],"tags":[108769,108739,5530,108141,108142],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581433"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=581433"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581433\/revisions"}],"predecessor-version":[{"id":581436,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/581433\/revisions\/581436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/581435"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=581433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=581433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=581433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}