Indexed

Hey there so as you all may be well aware, we’ve had to be involved with lawyers for the past 1y almost now with trying to get a case made against the attack, and deal with other cases surrounding that attack. As such Dillon and Laurence had been acting to help the DAO as best they could and be the contacts for the lawyers both for cooperation as well as who was liable for the bill. As such a bill at end March reached $350,000. I had OTCd some funds (300k NDX at $1.3) with the intention to help fund a side project but after talking to them both thought was unfair for them to have a debt that high after atleast actually pursuing the law route, where most projects wouldnt and dont. As such had given them the funds to not be in debt to the lawyers and they sent me the NDX they had to allow me to keep my voting power and apply to the DAO later for the amount.

Rather than just selling NDX again on the open market thought following a style as we had with Wintermute may be better as an incentive as look to hopefully take lead for the project. As such am proposing for a loan whereby 100k NDX will be given to the NDX DAO Treasury, for a $130k loan for 1y. Would then reserve the right to either return the full $130k or have the DAO keep the $100k NDX. Ths both gives incentive for me to make sure the project returns to healthy growth but also atleast compensates some of the $390k so can pay personal expenses and also keep pursuing my own stuff aswell.

To note the requested funds are not related to the funds from proposal 16 and are assets the DAO had acquired through usual operations and are not user funds in any way.

Proof for Transactions https://etherscan.io/tx/0x75e01b57f2d8c8a110f38626e0bc213a550d230cf5d530f1ff8f627c32bd0ff8

https://etherscan.io/tx/0xe27f6f40084111718c87c38e94ae0a0070ecbbcb6737af21cc75ccc67c143143

Invoice from Stockwoods Law Firm