In the aftermath of recent instability in our liquidity pool, our internal team identified blockchain activity tied to David @fre_eWilly who was actively serving as a committee member at the time. This activity included a significant token sale during a highly sensitive window, while David was directly involved in group discussions and decision-making around LP strategy and broader project actions. The wallet in question is verifiably linked to early claim data, whale allocations, and historical OTC deals. These facts are on-chain and have been reviewed internally. No disclosure of this sale was made to the committee, nor was it authorized, despite ongoing conversations focused on protecting community funds and stabilizing the LP, discussions David directly participated in. The rest of the committee remained unaware of the sale while the situation is further investigated and evaluated. Cedar relies on collaborative governance. While formal legal registration and infrastructure are in progress, all major project actions including LP decisions, have been made through group discussion and consensus, with David participating fully throughout this period. David has since acknowledged that he sold tokens, describing them as “his own” and noting there were no formal lockups, NDAs, or legal restrictions in place. He stated he was acting as a private holder and that the wallet was partially shared from prior projects. However, the timing and context raise serious concerns: - A large token sale occurred while David was an active committee member, with direct knowledge of sensitive LP decisions. - That sale was not disclosed at the time. - David remained involved in internal discussions throughout the week as the team worked in good faith to mitigate impact. - No other committee member took similar action during this period. - David acted independently, during a critical moment, and without transparency or accountability to the group or the community. - This action caused extreme prejudice to the Cedar DAO and its holders, undermining community trust and destabilizing liquidity during a time of collective vulnerability. We have formally requested that David return the funds involved in the sale. At this time, he has refused to do so. David has since been removed from all internal offices, channels, communications, and access to documents.

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