![As community questions ARB transfer, Arbitrum Foundation takes this step](https://statics.ambcrypto.com/wp-content/uploads/2023/04/arb-free-e1680512298830.jpg)
The Arbitrum Foundation’s community protested the decision to give itself 750 million ARB tokens ($1 billion). On 2 April, ARB’s price fell as low as $1.15, reflecting a fall of 11.5%. ARB was trading at $1.22 at press time. The Arbitrum [ARB] Foundation has backtracked on its initial decision after the community erupted in protest […]