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DeFi

Leaked: New SEC Crackdown on DeFi Protocols

Leaked: New SEC Crackdown on DeFi Protocols

Word is the SEC just sent a fresh round of Wells Notices to two major DeFi protocols. I’m hearing it’s about their governance tokens being classified as unregistered securities. This isn't public yet,

Word is the SEC just sent a fresh round of Wells Notices to two major DeFi protocols. I’m hearing it’s about their governance tokens being classified as unregistered securities. This isn't public yet, but the dev teams are scrambling. If you've got bags in the top 10 DEXs, you might want to hedge. Things are about to get really loud on CT. Don't say I didn't warn you.