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12/26/25
Aave Founder Denies $15M Token Buy Allegations Amid DAO Governance Crisis
Aave founder and Aave Labs CEO Stani Kulechov has denied allegations that he bought $15 million worth of Aave (AAVE) tokens to sway a contentious decentralized autonomous organization (DAO) governance vote. Responding to criticism from the DeFi community, Kulechov stated that the tokens were not used in the recent vote and emphasized that his substantial personal stake reflects long-term conviction in the Aave protocol and its ecosystem.
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