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Rari Capital to shut down its platforms by March 31, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Rari Capital or news reports
Story
SEC Settles Charges Against Rari Capital for Misleading Investors, Unregistered Brokers, and Securities
Sep 18, 2024, 08:03 PM
The U.S. Securities and Exchange Commission (SEC) has settled charges against decentralized finance (DeFi) platform Rari Capital and its founders. The charges include misleading investors, operating as unregistered brokers, and offering unregistered securities. The SEC's investigation revealed that Rari Capital's two blockchain investment platforms, which once held over $1 billion in crypto assets, were not as autonomous as claimed, with manual operations being conducted. This settlement is part of the SEC's broader efforts to regulate the DeFi space, particularly focusing on lending pools.
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Similar markets
Yes • 50%
No • 50%
Rebrand and relaunch • 25%
Merge with another company • 25%
Exit the DeFi space • 25%
Other • 25%
Yes • 50%
No • 50%
Founders step down • 25%
Founders remain in charge • 25%
Founders face legal consequences • 25%
Other outcomes • 25%
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%
Fines only • 25%
Fines and bans • 25%
Fines, bans, and jail time • 25%
No further action • 25%
