There is no proper oversight or auditing of the Foundation.
Self-reporting is as transparent as those self-reporting and their self-made methodologies.
“Oversight” appears only once on the Foundation site, not in relation to anything financial. “Audit” appears zero times. Yet we have a Treasury Working Group up for vote soon that in part has vaguely made references to investing which is typically code for losing money.
My candidacy for Special Council is entirely based on moving TRUE transparency initiatives forward - including proper 3rd party audits with risks and ethical concerns spelled out in plain language and available to all token holders at all times - just like public companies have to do.
Speaking of which, we need to address not only existing gaping holes by these processes but fast-approaching ones given many in the US gov’t and the SEC itself is openly at war with crypto and our premium brand makes an highly desirable, fat, easy target for them… so we need to front-run that because “LOL Idk” or “muh Caymans!” won’t cut it.