Loading...
Market
How will the market react to the SEC settlement with Rari Capital by December 31, 2024?
2
Resolution / Starting Odds
Rari Capital's token price increases • 25%
Rari Capital's token price decreases • 25%
No significant change in token price • 25%
Other market reactions • 25%
Crypto market analysis and financial news outlets
Story
SEC Settles Charges with Rari Capital Over Misleading Investors, Unregistered Brokers
Sep 18, 2024, 07:52 PM
The U.S. Securities and Exchange Commission (SEC) has settled charges against decentralized finance platform Rari Capital and its founders. The charges involve misleading investors and operating as unregistered brokers. Rari Capital, which once held over $1 billion in crypto assets, was accused of offering unregistered securities and falsely advertising their lending pools as autonomous. The charges relate to their two blockchain investment platforms. The SEC's settlement is part of its broader crackdown on decentralized finance platforms.
View original story
Similar markets
Rebrand and relaunch • 25%
Merge with another company • 25%
Exit the DeFi space • 25%
Other • 25%
SEC wins • 25%
Defendant wins • 25%
Settlement • 25%
Case dismissed • 25%
Fines only • 25%
Fines and bans • 25%
Fines, bans, and jail time • 25%
No further action • 25%
Significant positive impact • 25%
Significant negative impact • 25%
No significant impact • 25%
Mixed impact • 25%
Positive • 25%
Neutral • 25%
Negative • 25%
Mixed • 25%
Fines • 25%
Bans from financial activities • 25%
Criminal charges • 25%
No further action • 25%
Significant increase • 25%
Significant decrease • 25%
No significant change • 25%
Volatile fluctuations • 25%
Case dismissed • 25%
Messari wins • 25%
SEC wins • 25%
Settled out of court • 25%