Compound Community Accuses Foundation of Misusing V2 DAI Reserve, Converting $8.4M to COMP for Vote

A Compound community member, ugurmersin, alleges the Foundation converted 8.42 million DAI from a DAO reserve — meant only for protocol operations, barred from speculation — into about 344,780 COMP, then delegated that voting power to its own address just 58 minutes before deadlines for proposals 580 and 582. This allegedly let a Foundation-influenced committee control nearly all DAO funds to push through a $52 million V4 plan involving CGWG, Certora, and ChainSecurity. The post, "The $8.4M Vote," cites on-chain records; no response had come by publication.