Share this article

Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup

A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.

By Danny Nelson|Edited by Nick Baker

Updated Jul 5, 2023, 7:25 p.m. Published Jul 5, 2023, 7:25 p.m.

The MIM stablecoin has a $700 million market cap (Abracadabra DAO)