Tags : socalled

Regulation

US SEC fines so-called ‘DeFi’ lending project after $30 million

The US Securities and Exchange Commission (SEC) charged two Florida men and their Cayman Islands company for illegally selling upwards of $30 million of securities using smart contracts and even decentralized finance (DeFi) technology, a court filing last week showed. The SEC said the duo misled investors concerning the operations and profitability of the so-called […]Read More