The Arbitrum Foundation may sell ARB tokens before voting on the "approval" of the proposal

ChainCatcher news, according to CoinDesk, the Arbitrum Foundation began selling ARB tokens for stablecoins before its token holder governance community "approved" the organization’s nearly $1 billion budget, sparking controversy within the community.

According to sources cited by CoinDesk, Patrick McCorry stated that the Arbitrum Foundation believes that the comprehensive governance package Arbitrum Improvement Proposal (AIP-1) is an "approval" of decisions it has already made, such as receiving 7.5% of all ARB tokens. To this end, the foundation has begun to use these tokens for the benefit of the DAO, including converting some funds into stablecoins for operational purposes. (Source link)