Avalanche News: Allegations of Centralization Raised by Crypto Leaks – Is AVAX at Risk?

Allegations of centralization could pose legal and security risks for Avalanche, potentially classifying AVAX as a security and impacting its future adoption. The report highlights Ava Labs’ control over validating nodes and AVAX tokens, raising concerns about the network’s decentralization and vulnerability. Amid recent developments, the Avalanche Foundation reacquired 1.97 million AVAX tokens from the [...]